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New Year’s Fireworks and Your Old Southwest Rental Property

Old Southwest Tenants Having Fun with Fireworks on New Year’s EveWhen countless of us think back on holiday celebrations, our recollections often include burning sparklers and setting off colorful fireworks. Fireworks can be a big part of the holiday fun, but for Old Southwest owners of rental homes, they can also be a dangerous risk. Even when taking all necessary precautions, and even if they are just small fireworks, something can still go wrong. Every time you combine fire and explosives, there is a certain crisis of not only personal injury but property jeopardy 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 not hard to imagine: if you’ve never faced a firework incidentally firing under a positioned car and detected a point of pure horror, you’re one of the successful ones. All told the NFPA estimate that fireworks cause $43 million in property damage each year.

As a property owner in Old Southwest, you are right to be concern about your tenants’ lighting fireworks in, on, or near your rental homes. While we can understand why they might want to, the numbers alone are motivation enough to discuss to your renters about 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 look to help, you may require a property management company who understands the risks of fireworks and can help to get your tenants to understand the dangers that are involved. At Real Property Management Colonial, we have the best interests of both tenants and your rental property in desire. We can take care of any requests or considerations your tenants may have concerning proper firework usage and conduct any connected topics that may emanate.

When it comes to the health and security of your real estate investment and your tenants, you need the sort of interest and competence that our crew has to present. Please contact us online or by phone at 540-595-7411 for more information.

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