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Updated over 3 years ago on . Most recent reply

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Max T.
  • Investor
  • Philadelphia, PA
3,342
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Smart Home Features

Max T.
  • Investor
  • Philadelphia, PA
Posted

I read an article about how buyers love smart thermostats, doorbells, etc...

I’m wondering if adding some of those will make the property easier/faster to rent. I have a turnover coming up and a ring doorbell costs $100 and installs in 5 min.

Worth it?

Most Popular Reply

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Ray A Delfi
  • Rental Property Investor
  • Poughkeepsie, NY (Hudson Valley Area)
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Ray A Delfi
  • Rental Property Investor
  • Poughkeepsie, NY (Hudson Valley Area)
Replied

@Max T. I own a Custom electronics installation and integration company #Teatrograde. I’ve built a few homes with a few general contractors and the “want” is there however it’s not a “need” (e.g. the Home buyer: I “want” a multi-room audio system, but I “need” a third bedroom). It will help your property stand out among the rest and help it sell faster but it will not increase the value. There is a system made by Legrand called Intuity, which is the home builders dream as it stays with the home and it is turn key between transitioning Tennants with 24hr support from the manufacture, so it’s very hands off. They choose to activate it at no cost no subscription it’s built into and the home during the structured wiring phase, as would the utilities of the house.

I’m currently renovating my Duplex and plan on installing a surveillance system and wireless access points for Wifi. I can manage the equipment remotely and offer the tenants a $60 fee for the wifi, as they would pay about the same if they went through the cable provider and what I would pay for about 300mps. If both tenants get it (very likely) I would make a $60 profit, however I will have 24hr access to my cameras remotely and have the ability to share the link to the police to help with surveillance of the neighborhood. Win-Win. The wifi is set up to isolate the three clients (Teinentes 1 and 2 and my surveillance equipment) with their own SSID (wifi name) and passwords (set by me) they will not have access to each other’s network (isolated clients). The equipment will be mounted in a secured network rack in the basement. IMO it’s definitely worth it but hire a professional and provide them with my guidance. Feel free to reach out if you have any questions.

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