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Landlord Quick Tip


Tip #25: Re-Key- Without the Fee!

 
Submitted by real estate expert Eleanor Trainor

Re-keying? It’s so expensive— but here’s an awesome new product:

KeysHere in the City of Seattle, it is required that the locks be changed between tenants.
 
Our local locksmiths often charge at very least a $79 trip fee, plus $12-15 per cylinder to change the locks. Yikes! (My company, Rental Restoration, charges a flat $92.50.)

Kwikset has developed a new secure cylinder that anyone can change with the tool that comes with the cylinder.
 
This would be great for high-turnover units and multi-family buildings. More information is here: http://www.kwikset.com/SmartKey/

Very cool! 
 
Eleanor Trainer is with Rental Restoration, the only independent full-service maintenance contracting firm in Puget Sound that focuses solely on serving property managers and rental property owners. 
 
See last week’s Landlord Quick Tip.
 
Do you have a quick tip to share with other landlords?  Please email our editor at kim@joinaaoa.org.
 
American Apartment Owners Association offers discounts on products and services related to your commercial housing investment, including real estate forms, tenant debt collection, tenant background checks, insurance and financing.

Find out more at www.joinaaoa.org.

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Posted on Monday, October 12th, 2009 at 1:46 pm and is filed under AAOA Forum. You can follow any responses to this entry through the RSS 2.0 feed.

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2 Responses to “Landlord Quick Tip”

  1. i have seen the comercials for this product and wonder about it saftey since anyone can buy a kit at walmart.?

  2. [...] on usage. For more information, see FreeEasyGreen.com.      See last week’s Landlord Quick Tip.   Do you have a quick tip to share with other landlords?  Please email our editor at [...]

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