How to Ensure a Safe Rental Real Estate

Rental real estate is a booming industry in the US. According to IBISWorld, the market size of the renting and leasing industry has witnessed an annual growth of 3.4 % between 2020 and 2025. The current size of the market is $1.5 trillion, and the growth is expected to continue over the next five years as well. 

While owners can make the most of their investment, they must also know their responsibilities. Ensuring a safe rental space for their tenants is something landlords and property managers should take seriously. Tenants want to live in secure properties, which means a safe space can yield a high ROI.

In this article, we will share a few actionable tips landlords can follow to create a safe rental space.

Prioritize Secure Entryways

Bankrate cites FBI data, stating the worrying number of burglaries in the US during the last few years. The FBI received reports of 847,522 burglaries in 2022, more than the number reported in the previous year. While the residential burglary rate went down by 3.8% from 2022 to 2023, these incidents are still a reason to worry. 

Doors are the first line of defense in any property. Landlords must secure all exterior doors with high-quality deadbolts that have at least a one-inch throw. Pairing these with reinforced doorjambs is a good way to prevent forced entry. Peepholes and door chains can help residents identify visitors before opening the door.

When tenants move out, remember to replace the locks to prevent access to previous tenants or unauthorized individuals. This practice assures new tenants that their safety is a priority. Like doors, windows can be vulnerable points of entry. You can secure them with sturdy locks and security window film that makes them shatter-resistant.

Install Cameras and Alarms

SafeHome.org notes that 94 million homes in the US have some type of security system. Cameras, alarms, and access control systems are wise investments. Security camera usage, in particular, has increased from 2023 to 2024 for owners and renters. More than half of American homes have at least a single security camera. 

Property owners must install them at entry points, parking areas, and in shared spaces. Besides monitoring activity around the property, cameras act as deterrents. However, tenants should be aware of the cameras and their purpose to foster transparency.

Burglar alarms are another effective security measure landlords must invest in. They alert tenants and neighbors in the event of a break-in. Set them up doors and windows and conduct regular tests to ensure they function correctly. 

Implement Accident Preventive Measures

Accidents can happen everywhere, but the ones in rental properties can have legal repercussions. As an owner, don’t take them frivolously because an injured tenant or victim can hire a personal injury attorney to file a compensation claim. 

According to Justia, a property owner can be held liable for any damages caused by an injury on their property. The victim can file a premises liability lawsuit against them for negligence related to maintenance. TorHoerman Law notes that victims are protected by the Tort Law if they are injured due to another person’s failure to act. 

Regular maintenance of common areas can prevent mishaps and save you from legal hassles. For example, stairways should be well-lit and free from hazards like loose steps or debris. A well-maintained environment reduces the risk of slips, trips, and falls. 

Every rental unit should be equipped with smoke detectors and carbon monoxide detectors as per the local fire codes. Provide clear fire escape plans in each unit and conduct fire drills to familiarize tenants with emergency procedures.

Conduct Regular Safety Inspections

The safety of your rental property is not just a one-time thing. Regular inspections are essential to identify potential safety issues before they escalate into serious problems. Here are a few things the routine safety checks must include:

• Structural Integrity: Look for signs of damage or wear in ceilings, walls, and floors.
• Plumbing Systems: Check for leaks or mold growth that could affect tenant health.
• Electrical Systems: Inspect wiring for any faults that could cause fire hazards.
• Security Features: Ensure all locks, alarms, cameras, and fire systems are in place and working properly.

Let your tenants know about inspection schedules beforehand because knowing about them ensures cooperation. Also, follow local laws regarding access and privacy during these inspections.

Frequently Asked Questions

What should I do if my tenant brings up a safety issue?

As a landlord, you should be ready to deal with safety reports by your tenants at any point. Be prompt in addressing any reported safety concerns rather than waiting for an accident to happen. Prompt responses show that you value tenant safety and are ready to do your bit to ensure a secure living environment.

How often should I conduct safety inspections?

Premises safety should not be a set-and-forget thing. Conduct safety inspections at least bi-annually to ensure that all measures are in place. You must also implement an inspection whenever there is a change in tenancy. Ongoing maintenance of safety standards takes you the extra mile with the safety of your rental property. 

Are there legal requirements for safety measures in rental properties?

Yes, landlords have a legal duty to comply with local housing codes that mandate specific safety measures. These include the installation of fire safety equipment, smoke detectors, carbon monoxide alarms, and secure locking mechanisms. You must also take measures to curb the risk of slips, trips, and falls.

As a rental property owner, you must do your bit to ensure tenant safety. Think of it as a responsibility and an initiative to prevent legal action by people who may get injured on your premises. Moreover, prioritizing safety measures will increase the value and rental potential of your place.