Fire pits are a common item in some backyards. While fire pits can be fun, they can also create some serious risks. These risks should make any Nashville rental property owner think twice before establishing one at their property. It is fundamental for tenant relations to cultivate enjoyment of the home, which involves allowing renters to personalize their indoor and outdoor living spaces – to some extent.
Before you say yes to a fire pit request, be sure you have all the information you need to make an informed decision. In this post, we will look closely at some of the pros and cons of allowing fire pits on your rental properties, as well as a few important things to think about before responding to a tenant’s request for one.
It’s Just Good Business
Perhaps the most imperative reason 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. Of course, you need to set clear limits for your tenant so that they will not attempt to take advantage of your goodwill. However, if a fire pit in the backyard is likely to keep them in your rental longer, it may be worth considering.
Obviously, every situation is unique; that’s why you need to understand the risks that accompany residential fire pits – and that these risks may vary depending on who your tenant is and where your rental can be found. Unfortunately, about 5,000 Americans are injured every year by propane, charcoal, or wood-burning fires.
Because of the popularity of fire pits, individuals injured primarily by outdoor fireplaces and fire pits tripled in just six years. Fires may suddenly get out of control, posing additional risks to your property as well as the occupants. There is no assurance that your tenant will be familiar with basic fire safety or that they would exercise good judgment around the open flames in their fire pit.
In addition, several regions have regulations that entirely restrict outdoor fire pits or only permit them under certain conditions. It is advisable to research these regulations in your actual city, county, and state before allowing a fire pit to be constructed at your rental home.
More to Consider
Despite the risks, it is significant to mention that correctly setting up and handling a fire pit can help minimize them. If you see that your tenant is responsible enough to observe proper safety guidelines, you might consider agreeing to a fire pit if certain conditions are met. For instance, you should seek details about what kind of fire pit they intend, along with how and where it will be installed on the property. Your property’s curb appeal is fundamental to your property values, as well as your ability to rent the property again in the future. It is also critical to ensure that the fire pit is not an eyesore or a threat to your yard, patio, or home – the fire pit is placed too close to the siding, for instance.
In addition, a responsible tenant should still be instructed in fire pit safety, which you can do yourself. Consider sharing information with them or signing an addendum to the lease that vouches for their fire pit safety know-how.
Ultimately, it is critical to check with your insurance carrier about the potential 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 may involve some effort, but it’s imperative to have all the facts prior to settling on a choice. Yet, if you’d rather spend your time on other tasks, Real Property Management Key Response can help. Our Nashville 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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