Are parcel thefts, break-ins, auto parts thefts, and loiterers making your multi-family residential property a hotbed for crimes? Multi-family residential live video monitoring can be a game-changer in enhancing security and peace of mind.
These security challenges may seem like impossible missions, but we are here to help!
Fear not! You can confidently entrust the safety of your entire apartment complex to a remote video monitoring center!
This blog will help you understand the numerous benefits of live video monitoring for multi-family residential properties.
As we explore the benefits, you’ll gain valuable insights into advanced security AI solutions that can positively impact the security measures on your property.
By the conclusion of this blog, you’ll likely feel more confident and equipped to protect your multi-family residential investments and promote the well-being of your tenants.
But before, let’s just take a step back and briefly look into what live video monitoring is:
What is live video monitoring?
Live video monitoring serves as an effective tool for enhancing multi-family residential security through advanced video analytics combined with CCTV surveillance security cameras. This technology not only monitors but also secures apartment complexes, ensuring the safety and peace of mind of residents.
As the camera AI detects a security breach such as unauthorized access, loiterers, smoke & fire, or any abnormal activity, an alarm is triggered at the remote operations center.
Live CCTV security camera monitoring is an effective way to ensure the safety of residents in multi-family residential properties.
What are AI solutions for multifamily residential property?
Following are the AI solutions to detect security breaches in a multi-family residential property:
1. Smoke and fire detection:
The smoke and fire detection AI solution employs advanced technologies to identify early signs of fire hazards in a shared living complex.
It involves security cameras equipped with AI. An alarm is triggered at the remote monitoring center as soon as the camera AI identifies indicators of smoke or flames.
2. Slip and fall detection:
The slip and fall detection AI solution is designed to promptly identify instances where residents may have fallen or been injured within the premises.
Cameras equipped with AI look for movements and postures indicative of a slip or fall and trigger an alarm at the remote central. This ensures swift assistance to the injured party, enhancing resident safety.
3. Violence detection:
Camera AI plays a crucial role in enhancing safety by analyzing video feeds for signs of aggressive or violent behavior among residents or visitors.
Upon detecting such behavior, the system promptly activates an alert to the remote operating center, ensuring immediate action can be taken to mitigate potential risks.
4. Loitering detection:
In parallel, loitering detection focuses on identifying individuals who linger for prolonged periods in restricted areas.
This capability is vital for maintaining security and order, as it too triggers an alert to the remote operating center upon detection, allowing for swift intervention to prevent unauthorized activities or security breaches.
These AI solutions, when integrated into a comprehensive security system, contribute significantly to the safety and well-being of residents in shared living complexes.
Multi-family residential live video monitoring benefits:
Now let’s dive into the benefits of multi-family residential live video monitoring.
- Quick response to incidents
- Stay connected via remote access
- Tackle labor shortages
- Make every corner safe
- Lower operational cost
- Compliance with condo regulations
- Attract new tenants
- Cash in higher rents
- Swift detection of vandalism
- Save money on insurance
Quick response to incidents:
Recent unfortunate incidents in condominiums, including fires, significant flooding affecting 19 floors, and a major blackout in Ontario, have underscored the importance of being prepared for the unexpected.
Jason Reid outlines the five pillars of emergency management in a webinar regarding condo emergency preparedness.
This is essentially the focus of live remote video monitoring; it is not just about reacting; remote operators are also about efficiently managing the emergency response.
Prevention: Live video monitoring enables early threat detection, triggering alarms at the first sign of abnormalities.
Mitigation: In contrast to humans, this camera’s AI detects events quickly and mitigates the high amplitude of security breaches.
Preparedness: The qualified remote operators are always ready to deal with any security breach, either through direct intervention or by calling the required authorities.
Response: In the event of an incident, remote video monitoring enables immediate actions and interventions based on real-time visual information.
Recovery: After an incident, reviewing recorded footage from remote video monitoring aids in post-event analysis, facilitating recovery and strengthening future security measures.
Stay connected via remote access:
Condo managers and owners can stay informed about new developments as they occur because some remote centers offer advanced reporting and send out alerts via email or SMS when an incident is confirmed by a remote security operator.
Stakeholders can view videos, photos, and operator notes as the event unfolds.
Condo owners with multiple units or multi-family residences can streamline security management through a mobile app, allowing them to monitor all properties simultaneously.
This centralized system enables property owners to efficiently keep track of the security status of each unit, common areas, and shared spaces in real-time, all from one convenient platform.
Tackle the lack of labor:
With the ongoing labor shortage, sourcing on-site security and concierge staff is becoming increasingly difficult and expensive.
Remote video monitoring presents a cost-effective solution by potentially eliminating the need for on-site personnel.
Related source: How Much Remote Video Monitoring Services Cost?
Remote operators can perform the duties of an on-site concierge for multiple residences simultaneously, such as verifying credentials and remotely controlling access for visitors, subcontractors, and delivery personnel, whether they arrive on foot or by vehicle.
Leveraging unidirectional video and bidirectional audio, remote security operators can verify IDs, conduct inquiries, and restrict access solely to authorized individuals, thereby ensuring the safety of residents and the smooth operation of the premises.
Making every corner safe:
Security at a multi-family residential apartment is not just about preventing apartment theft. It involves ensuring overall safety, whether tenants are using the elevator, parking their cars, visiting the gym, or enjoying the swimming pool.
Live video monitoring of condos offers comprehensive security everywhere in the building. Emergency intercoms can be placed in all public areas as well as in each apartment unit.
When a resident or visitor experiences difficulty or is in distress, they can press the button and reach the remote operator at the security center. The operator will promptly provide the appropriate help.
Lower operational cost:
Now, let’s explore how remote video monitoring can significantly lower the operational costs of managing a multi-family residential property.
Strategically placing cameras throughout the property minimizes the necessity for a large security staff. This approach leads to savings on training, salaries, and related compensation expenses.
Security cameras act as a deterrent to criminal activities such as break-ins, vandalism, and theft. The prevention of these incidents helps lower the expenses related to repairing damages caused by criminal acts, including broken doors and defaced structures.
While there is an initial investment in installing security cameras, the long-term benefits contribute to a return on investment.
Reduced repair costs, lower crime-related expenses, and operational efficiency contribute to overall cost savings over time, providing a positive return on the initial investment.
Compliance with condo regulations:
When you implement real-time video monitoring for your multifamily residential property, you align with condo regulations mandated by Canadian condo laws.
Security camera surveillance plays a crucial role in guaranteeing the safety of residents within multi-family residential complexes.
Advanced AI solutions contribute to effective security measures, making security solutions for apartment complexes essential for the overall well-being of residents.
By embracing these technologies, property owners not only enhance safety but also demonstrate compliance with legal obligations as outlined in the above condo regulations.
The above legislation imposes a legal obligation on condo owners to take reasonable steps to ensure the safety of residents in shared family apartments.
Attract new tenants:
When tenants are searching for an apartment, they prioritize property upkeep and a welcoming atmosphere, but their deciding factor often rests on the level of security offered.
Even if your multi-family apartments are luxurious, without a sense of safety, attracting new tenants becomes challenging.
If your apartment has been a hotbed for break-ins and parcel thefts, then word travels fast and you might have trouble attracting new tenants.
For the shared living complexes using remote video monitoring services, the moment any security threat is identified, whether it’s suspicious activity, unauthorized access, or potential risks, the system triggers an alarm at the remote central.
This increased sense of security not only enhances the demand for your property but also contributes to a positive living experience, making it more appealing to prospective investors and buyers in the future.
Cash in higher rents:
Investing in the security of your multi-family residential property can translate into higher rents for several reasons. When families feel secure in their living environment, it becomes an attractive place to call home.
As more people are drawn to the peace and safety provided by your well-secured property, the demand for living or renting within this environment naturally increases. This heightened demand, in turn, has a positive impact on property values.
The perception of a secure and safe neighborhood is a significant factor for individuals and families when choosing a place to live, and they are often willing to pay higher rents for the added peace of mind.
Swift detection of vandalism and theft:
Live monitoring facilitates the rapid detection of theft and vandalism, often resulting from unauthorized access.
Although loiterers invading multi-family residential areas might seem harmless without weapons, their presence can lead to various issues.
These include trespassing in parking lots, substance abuse in common areas, and loitering in stairwells and laundry rooms, compromising the safety and security of the premises.
The proactive detection of loiterers or trespassers can be achieved through remote video monitoring, which sets off an alarm when a person stays longer than intended in a specific area.
You will save money on insurance:
Remote video monitoring emerges as an efficient security solution for different industries in preventing theft, vandalism, and diverse criminal activities.
As a result, specific insurance companies provide discounted premiums for shared living complexes equipped with such monitoring systems.
This proactive security approach boosts premises safety. It also offers potential cost savings through insurance discounts for property owners.
It’s a win-win situation where improved security attracts tenants willing to pay a premium for safety. This also appeals to insurers, potentially lowering your overall insurance expenses.
Conclusion:
Multi-family residential live video monitoring is a proactive approach to addressing security issues. It facilitates prompt incident response and reduces the rates of theft and vandalism in these properties.
Reach out to us today to upgrade your multi-family residential property with an advanced security system, boosting both property and resident safety!
