The question of fire safety in your Queen Creek single-family rental house is a necessary one. As an investment property owner, you need to be assured that your property is not only safe and in good condition but that you have good fire prevention measures in place also. Quite a lot of property owners perceive the relevance of taking advantage of smoke and carbon monoxide detectors in their rental homes and always remember to maintain them year by year. But in the same vein, what about fire extinguishers? Even though there are quite a few laws requiring property owners to provide them, there are a few very imperative reasons as well.
As a property owner, you, by this time, understand well that complying with all state and local regulations is a vital part of keeping your rental home safe and profitable. Though the most productive and successful property owners don’t just seek to fulfill the letter of the law. On the contrary, it is vital to consider what is best for you, your tenants, and your investment. Basically, all and anything that will make your property safer and easier to rent to quality tenants is something you should work on. Included in the most necessary of these is installing fire extinguishers in each of your rental homes.
When used quickly and accurately, fire extinguishers are proven to help prevent property damage and personal injury. As soon as small household fires occur, they are, many times, easily containable if the right tools to put them out are close at hand. There are numerous different kinds of fire extinguishers designed to put out different types of fires. The most regular type of fire extinguishers chosen for general household use will put out all sorts of fires. Each time you’re choosing an extinguisher for your rental properties, it is likewise imperative to choose one light enough to lift, aim, and spray easily and smoothly. This is why general-purpose, user-friendly models are the best preference for rental properties.
When integrated with tenant education, granting at least one fire extinguisher to your Queen Creek rental could save you thousands of dollars. The National Fire Protection Association reports that there are more than 355,000 residential fires in the U.S.year after year, causing $6.9 billion in property damage. Although you may presume that your insurance will support you repair or replace your rental home in the case of a fire, that oftentimes doesn’t include the lost rental income or the higher insurance premiums you are, in all likelihood, to pay after making a claim.
Further, and very important at that, fire extinguishers can save lives. Household fires cause an average of 2,600 deaths every year, as well as over 11,000 injuries. As a property owner, your tenants’ safety while they are in the rental home is mostly your responsibility. In teaching your tenants what to do in the event of a fire and giving them the right tools to extinguish small fires when they start, you can see to it that no lives are lost in your rental home.
There are other satisfactory reasons to provide fire extinguishers to your tenants. When you bestow fire extinguishers to your tenants, you demonstrate a genuine concern for their tenant’s safety that goes beyond simply following the law. This can enable you to build a good rapport with your tenants, encourage them to participate more willingly in property maintenance, and even make them love to stay in your rental house longer. All of these can lead to higher long-term profitability for your rental.
Added to smoke detectors, fire extinguishers are a vital part of any property owner’s tool kit. But in actuality, there are many more things that you can execute to create safe and appealing rental properties in Queen Creek. Would you be interested in learning more? Contact our team today online!
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