The issue of fire safety in your Benton single-family rental house is a significant one. As an investment property owner, you want to know that your property is not only safe and in good condition but that you have good fire prevention measures in place as well. The majority of property owners understand the significance of having smoke and carbon monoxide detectors in their rental homes and make sure to maintain them every year. But what about fire extinguishers? Even though there aren’t a lot of laws requiring property owners to have fire extinguishers, there are benefits to having them.
As a property owner, you already know that keeping with all state and local regulations is vital to keeping your rental home safe and profitable. Although, the most successful property owners don’t just follow the letter of the law. It’s vital that you contemplate what’s best for you, your tenants, and your investment. In short, if there’s something you can do to make your property safer and easier to rent to quality tenants, you should do it. One approach towards that is making fire extinguishers available in your rental homes.
When used swiftly and appropriately, fire extinguishers are proven to help prevent property damage and personal injury. Household fires can be immediately addressed by tenants if they are taught how to, and given the proper tools. There are a variety of fire extinguishers configured to put out different types of fires. The standard type of fire extinguisher made for general household use will put out most fires. When considering an extinguisher for your rental properties, take into account if it’s light enough to lift, aim, and spray easily. For this reason, general-purpose, user-friendly models are the best choice for rental properties.
Providing tenant education and at least one fire extinguisher to your Benton rental could go a long way to avoiding potential costs. The National Fire Protection Association reports that there are more than 355,000 residential fires in the U.S. every year, causing $6.9 billion in property damage. Even if you assume that your insurance will help you repair or replace your rental home in the event of a fire, that usually doesn’t include the lost rental income or the higher insurance premiums you are likely to pay after making a claim.
What is more, 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 your obligation. It’s a good idea to prepare your tenants to respond to a fire and to equip them with the necessary tools to extinguish small fires. In so doing, you can ensure that no lives are lost in your rental home.
Making sure your tenants have fire extinguishers comes with a lot of advantages. When you provide fire extinguishers to your tenants, you’re showing them that you care for their safety and that you’re not just doing it to follow the law. This facilitates good rapport with your tenants, encourages cooperative property maintenance, and even boosts the chances of your tenants staying longer in your rental house. Long-term profitability for your rental is what these can lead to.
In addition to smoke detectors, fire extinguishers are an essential part of any property owner’s tool kit. Nonetheless, there are various means to create safe and appealing rental properties in Benton. Would you like to learn more? Contact our team today online!
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