For most of us, holiday celebrations mean lighting sparklers and colorful fireworks. Some of the best memories we all have included greeting the new year with a bang, and it has become the tradition to do so every year. Fireworks can be a big part of the holiday fun, but for Laurel owners of rental homes, they can also be a dangerous risk. Despite making sure all preventive measures are taken, you’d come to find that the risk is just too significant when igniting even just a small number of fireworks. Any time you mix fire and explosives, there is an actual risk of not only personal injury but property damage also.
According to the National Fire Prevention Association, fireworks caused 11,000 injuries and 4 deaths in 2016. In addition to personal injury, the NFPA reports that fireworks start an average of 18,500 fires each year. 1,300 of those are structural fires, and 300 are vehicle fires. It’s easy to picture out how that transpires: if you have, on no occasion experienced a firework unintentionally firing beneath a parked car and felt a flash of complete dread, you’re one of the fortunate few. All told the NFPA estimate that fireworks cause $43 million in property damage each year.
As a property owner in Laurel, you are within reason to be concerned about your tenants’ lighting fireworks in, on, or near your rental homes. While we can surely get why they might desire to, the numbers alone are a gripping motive to talk to your renters about not lighting fireworks at their rental property. One way to convince them to honor your request might be to offer them information on firework safety and the risks involved.
If that doesn’t seem to work, you need a property management company who understands the risks of fireworks and can help your tenants understand the danger involved. At Real Property Management Capital, we have the best interests of both tenants and your rental property in mind. We can take care of any questions or concerns your tenants may have about proper firework usage and handle any related issues that may arise.
When it comes to the health and safety of your real estate investment and your tenants, you need the kind of concern and expertise that our team has to offer. Please contact us online or by phone at 301-869-5001 for more information.
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