If you're the owner of a single-family rental property and if you have not yet installed a fence on the property, it might be something for you to consider. These are some of the benefits that you may be able to enjoy if you do choose to do so.
1. Attract Renters with Kids and Pets
One great thing about installing a fence on your single-family rental property is the fact that it can help you attract renters who have kids and pets. People who have children are sure to be more interested in a property that has a fence than one that doesn't, since they'll know that their child has a safe place to play. Also, as you might already know, attracting renters with pets can be a good thing, since this is an underserved market in many areas. If you have a fence for dogs, pet owners are sure to be interested in your rental.
2. Prevent Tenants from Arguing with Neighbors
One thing that you probably do not want to worry about is your tenants not getting along with their neighbors. You probably don't want your tenants to be unhappy, and you probably do not want the neighbors to call you with complaints about your tenants, either. One good way to prevent this from happening is to put up a fence. This can help you ensure that your tenants stay on their property, and it can provide everyone with a feeling of their own private space.
3. Reduce Liability Issues
As a landlord, you might always be worried about liability issues. With a fence, you can help reduce these issues. A fence can help prevent neighborhood children from wandering onto the property and getting hurt, or it could prevent a tenant's dog from biting someone. Not only are you sure to appreciate this peace of mind, but your homeowners insurance company might appreciate it and cut you a discount for it as well.
Many landlords find that installing a fence at their rental properties is a smart idea. These are three of the reasons why it's a good idea to consider talking to a fencing contractor to find out more about installing a fence. There are a lot of affordable options out there, such as residential chain link fencing, which means that it might cost less to install a fence on your rental property than you think. Then, you're sure to notice these benefits almost immediately.