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How to Add Smart Technology Devices to a Rental Property

Hand Holding a Phone with Smart Tech Controls OpenMany tenants are looking for properties that have smart technology devices installed. You might be bothered that you need to invest time and money in creating a “smart home” for your tenants. The good news is that is not the issue; with a few budget-friendly products, you can offer your tenants the tech-enhanced conveniences they want. This blog post will talk about some of the best smart devices to add to your rental property that adds value and appeal.

According to a recent survey on Rent.com, 82% of renters want at least one smart device in their rental home, but nearly 49% say they don’t currently have any. These statistics indicate strong demand for smart tech in rental homes and an opening for Camarillo property managers to make their rentals more competitive. One of the best ways to add value to your rental property is by installing smart technology devices. These methods can range from simple light bulbs to more complex security systems. Let’s discover a few of the more budget-friendly options that work well for rental properties:

Smart Lighting.  One of the more popular devices in smart rental homes is smart light bulbs. These LED bulbs can be controlled with a phone or voice assistant and can change colors, turn on and off, and dim. They are likewise very energy-efficient, which is a good thing for you and your tenants. You can find smart light bulbs for as little as $15 each, making them one of the best areas to begin upgrading your smart rental home.

Smart Plugs. Smart plugs can be plugged into any outlet and then controlled with a phone or voice assistant. They let you monitor anything plugged into them, which means you can turn on and off lamps, coffee makers, and more. Your tenants will love the convenience, and you will love the price: a basic smart plug starts at approximately $20.

Smart Speakers. Like the Amazon Echo and Google Home, smart speakers are voice-activated devices that can play music, answer questions, set alarms, and more. They are turning out to be more and more popular in rental homes as they are a fitting way to control other smart devices. The price of a simple smart speaker starts at around $50.

Smart Thermostats. Smart thermostats are a fantastic way to save energy and money. They can be controlled with a phone or voice assistant, and learn your schedule to adjust the temperature automatically. You can discover a basic smart thermostat for around $100.

Video Doorbells. Video doorbells are a terrific way to increase security at your rental property. They allow you to see who is at the door and talk to them even if you’re not home. Some also record videos that can be helpful for both tenants and property owners alike. A basic video doorbell often runs around $200.

Smart Smoke Detectors. Smart smoke detectors are another great way to increase security at your rental property. They can be linked to your phone, so you can be alerted if there is a fire, even if your tenant is not home. You can find a basic smart smoke detector for around $100.

As you see, there are many budget-friendly options for adding smart technology devices to your rental property. By installing just a few of these devices, you can offer your tenants the convenience and peace of mind they are looking for.

 

Still have questions? Real Property Management Limitless has expert advice on how to upgrade your rental property with smart technology. Contact us online today!

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