It’s highly recommended that you make an active effort to encourage tenants to become involved in the community and that includes critical community organizations and programs, including the neighborhood watch. When renters are involved in their community, they will create a more safe vicinity while at the same time, Richmond property proprietors acquire the benefit of low vacancy rates and higher property values.
What is a neighborhood watch?
Neighborhood watch is a classic, citizen-led program in which the members organize themselves, partnering with local law enforcement to prevent crime. In actuality, the National Crime Prevention Council has named that programs such as these are a leading approach in reducing residential crime rates.
In case there is already a neighborhood watch program in your rental property community, we advocate disseminating a communication encouraging your tenants to join. Many renters are happy to contribute their time to a community that meets their needs and reflects their values and desires a tiny bit of help. When renters are invested in keeping their vicinity safe, they are more likely to form positive relationships with community members, stay in the home longer, and keep your investment property from being targeted and maligned by bystanders.
A safe, protected rental home and satisfied tenants are both keys to a successful long-term investment strategy. At Real Property Management Richmond Metro, we partner with property proprietors and our local citizenry to manage quality rental properties. Our property management professionals know how critical it is to promote and sustain good relations with neighbors and community leaders. Contact us or call us at 804-417-7005 for more advice.
We are pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. See Equal Housing Opportunity Statement for more information.