Security Challenges & Solutions
Problem #1: Balancing Cost vs. Effectiveness
Managing multifamily properties comes with various expenses, and investing in costly security options can impact profitability.
For instance, hiring on-site security guards can exceed $100/hour per guard, making it a significant financial commitment.
How to Solve This Problem
Integrate technology-driven security measures such as surveillance cameras, motion detectors, and access control systems to provide comprehensive coverage at a lower cost.
Utilize remote monitoring services for real-time surveillance without requiring constant on-site personnel.
Problem #2: Balancing Crime Deterrence vs. Prevention
Crime deterrence discourages criminal activity through fear of consequences, while crime prevention addresses root causes and promotes community engagement.
Traditional security solutions like alarms and cameras deter crime but may not completely prevent it.
How to Solve This Problem
Security solutions should not only deter but also prevent crime through proactive engagement and community involvement.
Combining deterrence measures with preventive strategies can create a more secure environment.
Problem #3: Alarms ≠ Help on the Way
Traditional security systems often notify security providers only after an intrusion has occurred, leading to delayed responses.
Recording evidence after the fact does little to prevent property loss or damage.
How to Solve This Problem
Incorporate real-time surveillance with human intervention to reduce false alarms and enhance response time.
Implement security measures that not only detect but also engage with potential intruders to deter crime before it occurs.