Fire pits are a common characteristic in numerous backyards. Even though fire pits can be fun, they can also carry some significant risks. These risks should make any Towson rental property owner think twice before consenting to one at their property. It’s beneficial for tenant relations to support the enjoyment of the home, which involves allowing renters to personalize their indoor and outdoor living spaces – to some level.
Before you say yes to a fire pit request, make sure you have all the information you need to make an informed decision. In this article, we’ll examine some of the pros and cons of allowing fire pits on your rental properties and also some important factors to consider before responding to a tenant’s request for one.
It’s Just Good Business
One of the ideal reasons to allow a fire pit at your rental is that it will probably make your tenant happy. And happy tenants are good for your business. Productive communication is the foundation of owning successful rental properties. Unquestionably, you should also set clear limits so that your tenant does not try to take advantage of your generosity. Nevertheless, if a fire pit in the backyard is likely to keep them in your rental longer, it may be worth examining.
The Downsides
For sure, every situation is distinct; that’s why it is necessary to understand the risks related to residential fire pits – and that these risks may vary contingent upon who your tenant is and where your rental is positioned. Sadly, about 5,000 Americans are injured every year by propane, charcoal, or wood-burning fires.
Due to the popularity of fire pits, the percentage of citizens hurt by outdoor fireplaces and fire pits tripled in just six years. Fires can become out of control really fast, bringing additional risks to your property along with the occupants. There’s no assurance that your tenant will understand basic fire safety nor that they will use good judgment around the open flames in their fire pit.
Moreover, some localities have regulations that restrict outdoor fire pits completely or authorize them only under certain conditions. It’s critical to research these regulations in your certain city, county, and state before allowing a fire pit to be constructed at your rental home.
More to Consider
Despite the risks, it is vital to highlight that correctly setting up and handling a fire pit can help minimize them. If you believe that your tenant is responsible enough to observe proper safety guidelines, you could consider agreeing to a fire pit if certain conditions are met. For example, you should obtain exact details about what kind of fire pit they desire and how and where it will be installed on the property. Your property’s curb appeal is critical to your property values, including your ability to rent the property again in the future. You’ll want to make sure that the fire pit is not an eyesore or causing damage to your yard, patio, or home – the fire pit is placed too close to the siding, for instance.
Besides, a responsible tenant still needs to be instructed in fire pit safety, which you can do yourself. Start sharing information with them or signing an addendum to the lease that shows their fire pit safety know-how.
Ultimately, remember to check with your insurance carrier about any possible effect allowing a fire pit may have on your coverage and rates. If you choose not to, and your property is damaged, you may not be covered for the repairs. Your tenant also needs to have their own renter’s insurance that covers fire-related injuries and damage.
Choosing whether to allow a fire pit at your rental or not might demand a bit of effort, but it’s essential to have all the facts before doing so. But, if you’d rather spend your time on other tasks, Real Property Management Metro can give assistance. Our Towson property management professionals can help you handle all of your tenant’s requests and provide valuable advice and information you need to not only keep your tenants (and your property) safe but also profitable. Contact us today to learn more about the services we offer.
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