Fire pits are a common addition in several backyards. Although fire pits can be fun, they can also bring some severe risks. These risks must make any Waterford rental property owner think twice before permitting one at their property. It is beneficial for tenant relations to promote the enjoyment of the home, and this incorporates allowing renters to personalize their indoor and outdoor living spaces – to some extent.
Before you say yes to a fire pit request, be certain to acquire the entire information you need to make an informed decision. In this section, we will talk about some of the pros and cons of allowing fire pits on your rental properties, as well as a couple of important things to consider before responding to a tenant’s request for one.
It’s Just Good Business
Maybe the essential reason to allow a fire pit at your rental is that it will most likely make your tenant happy. Also, happy tenants are good for your business. Productive communication is the foundation of owning successful rental properties. Obviously, you must also set clear limits for your tenant not to try to take advantage of your kindness. However, if a fire pit in the backyard will possibly stay in your rental longer, it may be worth considering.
The Downsides
Every situation is different, so it’s imperative to understand the risks associated with residential fire pits – and that these risks may vary based on who your tenant is and where your rental is situated. Sadly, about 5,000 Americans are injured every year by propane, charcoal, or wood-burning fires.
Because of the popularity of fire pits, the number of individuals wounded by outdoor fireplaces and fire pits tripled in just six years. Fires may quickly get out of control, creating additional risks to your property as well as the occupants. There’s no guarantee that your tenant will know basic fire safety, nor that they will use good judgment around the open flames in their fire pit.
Furthermore, some areas have regulations that restrict outdoor fire pits totally or permit them only under certain conditions. It’s necessary to research these regulations in your specific city, county, and state before allowing a fire pit to be established at your rental home.
More to Consider
Aside from the risks, it is necessary to remember that correctly setting up and handling a fire pit can help minimize them. If you think that your tenant is responsible enough to observe proper safety guidelines, you might think about agreeing to a fire pit if certain conditions are met. For instance, you’ll need to collect specific details about what kind of fire pit they want and how and where it will be installed on the property. Your property’s curb appeal is vital to your property values, including your ability to rent the property again in the future. You’ll need to ensure that the fire pit is not an eyesore or causing harm to your yard, patio, or home – the fire pit is placed too close to the siding, for example.
Moreover, a responsible tenant should still be instructed in fire pit safety, which you can do yourself. Think about sharing information with them or signing an addendum to the lease testifying their fire pit safety know-how.
Lastly, don’t forget to check with your insurance carrier about any possible effect allowing a fire pit may have on your coverage and rates. If you don’t, and your property is damaged, you may not be covered for the repairs. Your tenant should also have their own renter’s insurance that covers fire-related injuries and damage.
Determining whether to allow a fire pit at your rental or not might require a little effort, but it’s imperative to have all the facts before you do so. Nevertheless, if you’d rather spend your time on other tasks, Real Property Management Hartford Metro/Greater New London can assist you. Our Waterford property management professionals can help you handle all of your tenant’s requests and provide valuable advice and information you need not only to keep your tenants (and your property) safe but also profitable. Contact us today to learn more about the services we offer.
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.