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Do I Need to Provide a Fire Extinguisher for My Rental?

The concern of fire safety in your Aurora single-family rental house is a notable 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. A good number of property owners acknowledge the benefits of having smoke and carbon monoxide detectors in their rental homes and make sure to maintain them every year. But what about fire extinguishers? Despite there not being many laws that mandate property owners to have them, there are quite a few good reasons for 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. However, most prosperous property owners don’t just follow the letter of the law. It is very significant that you take into account what is best for you, your tenants, and your investment. Whatever it is to make your property safer and easier to rent to quality tenants, pursue that. For example, installing fire extinguishers in your rental homes — is one good way to assure quality and safety!

When used rapidly and properly, fire extinguishers are proven to help prevent property damage and personal injury. Tenants can generally contain household fires if they are only equipped with the right tools to deal with these situations. There are numerous types of fire extinguishers made to put out different types of fires. A typical fire extinguisher designated for general household use will most likely fulfill your needs. When picking out an extinguisher for your rental properties, it is significant to go with one that’s light enough to lift, aim, and spray easily. Because of this, general-purpose, user-friendly models are the best choice for rental properties.

Along with tenant education, installing at least one fire extinguisher in your Aurora rental could greatly protect your property. 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.

Moreover, fire extinguishers can save lives. Household fires cause an average of 2,600 deaths every year, as well as over 11,000 injuries. Your tenants’ safety, while they are in the rental home, is your duty as a property owner. Educating your tenants on how to effectively address an emergency situation like fire and giving them the tools they need to extinguish small fires will lead to the likelihood that no lives will be 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 are essentially telling them that you care for their safety — not just for the sake of the law. This helps build a good rapport with your tenants, encourages them to do their part in property maintenance, and broadens the chances of lengthening their stay in your rental house. These can lead to higher long-term profitability for your rental.

Together with 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 Aurora. Would you like to learn more? Contact our team today online!

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