Turn Security Infrastructure Into NOI
Every unmonitored corner of your property is a silent drain on net operating income. Illegal dumping, package theft, turnover driven by safety concerns, and liability exposure are hidden taxes that erode your bottom line every month.
CoreWyre turns surveillance from a cost center into a revenue engine — reducing turnover, commanding rent premiums, and shielding you from nuclear verdicts.
Request a Property AssessmentThe Hidden Taxes Destroying Your NOI
These costs rarely appear on a P&L, but they compound every month across your portfolio.
$15,000/yr
Illegal Dumping
Average annual cost per property for illegal dumping cleanup, hauling fees, and code-violation fines. Undocumented dumping makes cost recovery nearly impossible.
3.5x higher
Package Theft Rate
Multifamily properties experience 3.5x the package theft rate of single-family homes. The average stolen package costs $222, and the management complaints cost even more.
$3,000–$5,000/unit
Turnover Cost
Every unit turn includes vacancy loss, make-ready costs, marketing spend, and leasing labor. Security-driven turnover is the most preventable category.
1 in 5
Residents Leave Over Safety
20% of residents who choose not to renew cite safety and security as a primary factor. That is turnover you can directly prevent with visible, intelligent surveillance.
$$$ in disputes
Security Deposit Disputes
Without timestamped visual documentation of unit condition at move-in and move-out, deposit disputes become he-said-she-said. Courts side with tenants when landlords lack evidence.
The Revenue Upside
Smart security is not just a cost saver — it is a revenue driver. The data is clear.
65%
Willing to Pay Extra
65% of renters say they would pay more for a property with professional-grade security and smart technology amenities.
$20+/unit/mo
Rent Premium
Properties with visible, intelligent security infrastructure command $20 or more per unit per month in additional rent over comparable properties without it.
57%
More Likely to Renew
Residents at properties with smart security are 57% more likely to renew their lease, directly reducing the most expensive line item in your budget.
17%
Would Reject Without It
17% of prospective renters say they would outright reject a property that lacked smart security features. That is prospects walking away before you even compete on price.
$48K+/yr
Annual Upside per 200-Unit
At $20/unit/month across a 200-unit property, smart security generates over $48,000 in annual revenue before accounting for turnover savings and liability reduction.
Operational Intelligence
CoreWyre does not just record video. It gives your property managers actionable intelligence that eliminates waste, documents liability, and protects revenue.
AI Dumping Detection
Automated alerts when unauthorized dumping is detected at dumpster areas, loading docks, and property perimeters. Timestamped footage enables cost recovery and code-compliance documentation.
Package Room Monitoring
Continuous surveillance of package rooms and delivery areas with event-based recording. Resolve theft disputes instantly with clear, locally stored footage.
Vendor Verification
Monitor contractor entry and exit, verify work hours against invoices, and document vendor activity across your property. Stop paying for hours not worked.
Lease Violation Documentation
Objective, timestamped evidence for unauthorized pets, parking violations, noise complaints, and unauthorized occupants. Protect your legal standing in eviction proceedings.
Move-In/Move-Out Documentation
Visual records of unit condition at turnover, eliminating security deposit disputes. Timestamped footage is far more defensible than paper checklists.
Centralized Multi-Site via Vantage Point
Manage every property in your portfolio from a single dashboard. Vantage Point gives regional managers unified visibility across all sites without cloud dependencies.
The Liability Shield
In 2024, juries handed down 135 nuclear verdicts with a median award of $1.5 million. Multifamily properties are prime targets. Your surveillance system is either your best defense or your biggest liability.
135 nuclear verdicts in 2024
$1.5M Median Award
Negligent security claims are among the fastest-growing categories of premises liability. A single incident without proper documentation can cost more than a decade of security investment.
Spoliation Protection
When cloud-based systems lose footage due to bandwidth issues, subscription lapses, or vendor outages, courts treat missing evidence as spoliation — and the inference goes against you. CoreWyre stores everything locally with redundant retention.
Documented Maintenance Defense
Continuous recording of common areas, stairwells, parking structures, and entry points creates an auditable record that your property was maintained to a reasonable standard of care. This is your strongest defense against negligence claims.
Passive Intelligence Advantage
CoreWyre operates as a passive intelligence layer. No active monitoring of residents, no facial recognition databases, no behavioral profiling. This limits your liability exposure from the surveillance system itself while maximizing its defensive value.
Privacy-First for Residents
Your residents deserve security that protects them — not security that surveils them. CoreWyre is built on a fundamentally different architecture.
No Cloud = No Geofence Warrants
Cloud-hosted surveillance footage is subject to geofence warrants and bulk data requests from law enforcement. Because CoreWyre stores everything on-premise, your residents' footage never sits in a third-party data center waiting to be subpoenaed.
No Vendor Backdoors
Major cloud surveillance vendors have been caught granting law enforcement access to footage without property owner knowledge or consent. CoreWyre eliminates this risk entirely. You control access. Period.
Resident Trust Advantage
Privacy-conscious residents increasingly research the surveillance systems at properties before signing leases. CoreWyre's local-first architecture is a genuine differentiator in resident marketing and retention conversations.
The Guthrie Precedent
In Guthrie v. State, courts examined how property surveillance data was accessed and shared without occupant consent. The ruling underscores the legal risk of cloud-hosted surveillance in residential settings and validates the local-storage model CoreWyre is built on.
Request a Property Assessment
Tell us about your property and we will provide a custom security and ROI analysis at no cost.
Request a Property Assessment
Ready to Turn Security Into Revenue?
Book a free, no-obligation Infrastructure Integrity Audit. We'll assess your current system and show you what's possible.