One of the most important but often overlooked features for a building is the lighting. It is all too often we visit properties (not ones we manage of course) whereby lighting of the building is an afterthought. Either the lights were not appropriately placed around the building or parking lots, or there is too much lighting or more often than not, there is not enough lighting.
You want to make sure that they are located in common areas like parking lots, the entrance of the building, laundry rooms, and hallways. You may also want to set them up on a timer so that as soon as it starts getting dark they turn on. I know what you might be thinking, “if they are always on it will be expensive for me.” It doesn’t have to be because you can use LED light to help save energy, and saving energy means saving money. In the long run the lighting of your building will help you save money not just by saving energy but by making it safe for your tenants and their guest. It will also prevent you from liability if anything was to happened and it could have been prevented with lighting.
It is very important to pay attention to the details of appropriate lighting. It is even more important to walk your property at night to see how the lighting affects tenants and their guests. Often times owners and managers do not visit properties at night. At KIG Capital we ensure that we walk the properties during evenings to address security issues and lighting issues during the evening times – all of which goes to the issue of limiting your liability and providing a safe living place for your tenants.