Protecting your investment properties from vandalism is focal. Though you should take the required procedures, it’s important to be prepared for the possibility that, despite your solid efforts, your property may still be vulnerable. With quite a lot of homes targeted by vandals each year, it’s pertinent to have a plan to address any potential incidents at your rental properties.
When suffering from vandalism, it’s sensible to feel violated and overwhelmed as you work with the authorities and your insurance company to repair your rental property while, at the same time, encouraging your frustrated tenant. Although, providing yourself with knowledge on responding to vandalism can help you easily take back control and make the recovery process more straightforward and easy.
Create a detailed report for insurance and legal purposes
If your property is vandalized, it’s focal to contact the local authorities and properly file in a police report. Granting that your tenants may report the incident, as the property owner, you must communicate with the investigating police officers and establish that all property damage is properly documented in an official report.
Precise documentation of property damage is necessary. Take a photo of every affair of vandalism, as insurance companies normally require these records. If you can’t visit the property, examine about delegating this task to your tenant or property management company.
Address tenant concerns and maintain trust
If the vandalism is not caused by your renters or their guests, you are, without question, responsible for repairs. It’s focal to involve your insurance company when the damage comes about. Be sure that your insurance policy covers vandalism before it arises. You may have to cover the repair costs yourself if it doesn’t.
Vandalism can, accordingly, greatly impact tenants, causing physical damage to their homes and emotional distress. Tenants may feel fear and anxiety as their sense of security is affected negatively. It is necessary to provide reassurance to tenants and very clearly display efforts to restore the rental property and ensure their safety.
Enhance property security with lighting and alarms
As a rental property owner, it is crucial to make safety a priority. One effective way to prevent vandalism and always warrant the safety of your property is to consider installing a comprehensive security system that your tenants can utilize.
At the same time, affixing bright, motion-activated outdoor lighting to illuminate the surroundings and fortifying all entry points with hard deadbolts can highly improve the rental property’s overall safety and security measures.
At Real Property Management of the Rockies, one of our top priorities is keeping your tenant and rental property safe in Fort Collins found and nearby. We can take full control of the documentation and recovery process for you and see to it that your property is repaired in an undesirable event. Want to hear more? Contact us online or call us at 970-658-0410 today!
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.
