Skip to Content

Why You Should Re-Key Your Oak Creek Property After Every Move-Out

Professional Locksmith Re-keying a Oak Creek Rental

As an Oak Creek rental property owner, you’re disputably trying to find processes to reduce property maintenance costs. While there’s a lot you can do to save money, re-keying your rental property’s locks is not one of them. It doesn’t matter how amicably your last renter left, you should at all times have your property’s locks re-keyed between renters. There are considerable reasons for this, the most substantial being the security of your property, the safety of future renters, and helping boost your rental’s appeal to new renters.

Property Security

Security should be the biggest concern for Oak Creek property managers, whether or not your property is currently occupied. Even just briefly vacant properties can become targets for criminal mischief and burglary. This is only made effortless if your previous renters copied their key and gave it to someone that wasn’t on the lease. To keep your property secure and to prevent any criminal activity, you need to be able to control who has access to the property and when. You can achieve this without worry by re-keying your property’s exterior doors whenever a renter moves out.

Renter Safety

Unreturned keys are a grave problem for your future renters. Renters want to feel safe in their rental homes. But on the other hand, if your past renters still have a key to the house, that feeling of safety may be a risky illusion. If a previous occupant or someone they gave a key to does break in, you may find yourself liable for any damage or injury that results. You will, on top of everything else, lose the trust of your renter, which may lead to canceled leases and ultra-expensive turnover. To make renter safety a reality, it’s substantial to re-key the locks.

Increased Appeal

While indeed it’s true that the cost of re-keying the locks between renters may make you hesitate, you can capitalize on it as a selling point for your property. If a prospective renter is worried concerning safety, you can simply allay those fears by guaranteeing that their locks have been re-keyed; and they may fancy your property over similar rentals in the area. If you can increase demand for your property, you can charge a bit more for rent and very swiftly recover anything paid to have the locks re-keyed.

DIY or Hire a Pro?

If you are rather handy, you can re-key the locks of your rental property yourself. Even if it is so much easier to do, it does take a bit of know-how and skill. And re-keying the locks can be a bit more affordable than replacing the entire lock, knob, or deadbolt.

However, to guarantee that the job is dealt with rightly, you may choose to hire a professional to come in and do it for you. A professional locksmith will be able to accomplish the job more efficiently and yield you higher confidence that the re-key was undertaken properly and well. Either way, the most essential thing is that it is achieved perfectly, and you have an entirely new set of keys to give to your new renter.

Alternatives to Re-Keying

Today’s landlords are consistently trying to figure out other solutions to help warrant their property’s and renter’s safety. Like for instance, instead of re-keying the locks routinely when a renter moves out, plenty of landlords find it more cost-effective to install an electronic keypad or smart key product. By way of illustration, installing a keyless entry system that is subject to a code instead of a physical key could prevent the need for re-keying your property altogether. More advanced keyless entry systems also call for a smartphone app to unlock. While such options cost more upfront, the number one benefit is that you can very easily change the key code or smart key tool. As time progresses, a keyless entry system could add up to larger savings.

 

Renter move-out can be an absolutely busy time for property owners. Why not let the professionals at Real Property Management Greater Milwaukee do it for you? Our Oak Creek property managers are experienced at taking care of everything the move-out process entails and can find you a dependable new renter! To learn more, contact us online or call us at 262-309-6961.

 

Originally Published on July 2, 2021

We are pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. See Equal Housing Opportunity Statement for more information.

The Neighborly Done Right Promise

The Neighborly Done Right Promise ® delivered by Real Property Management, a proud Neighborly company

When it comes to finding the right property manager for your investment property, you want to know that they stand behind their work and get the job done right – the first time. At Real Property Management we have the expertise, technology, and systems to manage your property the right way. We work hard to optimize your return on investment while preserving your asset and giving you peace of mind. Our highly trained and skilled team works hard so you can be sure your property's management will be Done Right.

Canada excluded. Services performed by independently owned and operated franchises.

See Full Details