Skip to Content

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 may be troubled that you have to invest time and money in creating a “smart home” for your tenants. The big news is that this is not the case; with a little bit of budget-friendly products, you can grant your tenants the tech-enhanced conveniences they want. This blog post will mention just a few 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 signify great demand for smart tech in rental homes and an option for Spring Valley property managers to make their rentals more competitive. One of the best solutions to add value to your rental property is to include smart technology devices. These things can range from simple light bulbs to more complex security systems. Let’s talk about a few of the more budget-friendly options that work well for rental properties:

Smart Lighting.  One of the most well-known 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 equally very energy-efficient, which is a bonus for you and your tenants. You can look for smart light bulbs for as little as $15 each, making them a really good place to start when it comes to upgrading your smart rental home.

Smart Plugs. Smart plugs can certainly be plugged into any outlet and then controlled with a phone or voice assistant. They help you to control anything plugged into them, which means you can turn on and off lamps, coffee makers, and more. Your tenants will enjoy the convenience, and you will fancy the price: a basic smart plug starts at roughly just $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 indeed becoming continuously more popular in rental homes as they are a very easy way to control other smart devices. The cost of a basic smart speaker starts at around $50.

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

Video Doorbells. Video doorbells are a good approach to improve security at your rental property. They enable you to ascertain who is at the door and talk to them even though you’re not home. There are also others as well that record videos that can help both tenants and property owners alike. A basic video doorbell generally runs around $200.

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

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

 

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

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