If you’re an investment property owner, you may have realized that the best opportunities are not always close to where you live. But thanks to the internet and technology like smart video intercoms, it’s easier than ever to manage access control remotely, no matter how much distance is between you and your property.
Being a long-distance landlord comes with a unique set of challenges. That’s why we’ve outlined five things you need to know about smart access control technology and how it helps you better manage your property no matter where you are. Let’s get started.
1. Remote Access Control Management
The key to long-distance real estate management is a cloud-based video intercom access control system. You can remotely manage repetitive requests to unlock doors for everyone who needs access to your property — all from the convenience of your tablet or laptop without the expense of an onsite manager.
2. Connect Smart Video Intercom Systems with Property Management Software
If you use cloud-based property management software like Yardi, Entrata, or RealPage, you can easily import your resident information with just a few keystrokes. Reduce data entry errors and automate the management of resident credentials, easily adding or removing access permissions from the convenience of your laptop dashboard.
3. Attract and Retain Residents with Smart Tech
Industry research shows that 1 in 5 residents report feeling unsafe around their community. It makes sense that tech-savvy Gen Z renters place the most value on smart that provide security, peace of mind, and awareness of what’s happening around them. A smart video intercom system gives residents the complete picture of who’s at the door with an integrated camera that delivers a wide-angle video stream of the entrance. And residents feel safer with 24/7 video monitoring of entrances. A bonus is that 20-something renters will pay up to $30.00 a month more in rent for smart tech features.
4. Smartphone Access Control App for Residents
Since Gen Z, the age group currently between the ages of 18-24 does practically everything on their smartphone, they want to manage entry with the convenience of an app. This gives residents the ability to send virtual guest passes to people who need to enter their apartments from wherever they happen to be.
And, as a long-distance property owner, you won’t need to be onsite if a resident gets locked out. Keys are easily misplaced but a smartphone is almost always in the user’s hand or pocket. Even if a resident loses their phone, you can let them in from your laptop using your smart access control dashboard.
5. Automate Your Access Management Workflow
Save time and money with the ability to revoke credentials without the cost of calling in a locksmith to rekey locks. And let go of the hassle of getting new keys safely into the hands of new residents. While we’re talking about the safety of residents and your property, a smart video intercom can capture access events at the entrance and store the 15-second video clips for long-distance monitoring. You can even set automated security risk alerts to be notified when a door is ajar or when an invalid access code is being used.
LIftMaster® smart video intercoms, powered by myQ Community cloud technology, help you control who can enter your property, ensuring that your residents and real estate investment are safe.