When maintaining a Chicago rental property, it’s genuinely essential not to disregard what the exterior looks like. How a rental home looks like on the outside can have a bearing on its property values, just the same with the home’s curb appeal. It is favorable to be mindful of the exterior elements of your rental home and to anticipate that your tenants should help protect its appearance.
At the point when your impression of a “nice” exterior differs from what your tenant wants, issues can emerge. A few renters aren’t content with just keeping their yard clean – they may feel the need to adjust or add to the rental home’s exterior features too. With do-it-yourself home improvements becoming such a furor these days, the odds are that the increasing number of tenants will attempt to make “improvements” with or without your approval to do so.
For instance, your tenant may opt to have a pergola, but what you have in the home installed is a patio umbrella. Even though it may seem like building one in the backyard is simple enough to let them do it in the backyard, this is a hotbed for permit violations, damage to the property, and even personal injuries. (If somebody was hurt you may have a lawsuit brewing, on top of everything else.) Broken sprinkler or gas lines, damaged siding, and poor workmanship can all create costly fixes and unsafe conditions in the yard.
The same goes for other popular home improvements, such as painting, replacing the garage door or adding a deck or porch. Unique personal preferences and/or low-quality remodeling lower property values, make it harder to rent it out. In a nutshell, it just isn’t a good idea to have tenants making changes by themselves.
The best strategy is to stop home “improvement” projects before they start. Create clear language within the lease to explain that tenants are not permitted to roll out permanent changes to your Chicago rental property. It is also important to keep an eye on your property regularly, ensuring that a sneaky tenant hasn’t brought matters into their own hands. Of course, this removes time from doing different things.
That’s when you should pick up the phone and give Real Property Management Chicago Edge a call. We perform regular property evaluations designed to stop unauthorized tenant improvements in their tracks. If you are interested in learning more, please contact us online or by phone at 773-904-7700.
We are pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. See Equal Housing Opportunity Statement for more information.