Out of all the potential issues between a landlord and a tenant, one of the most questionable issues is parking. This is true if space around your Irvine rental property is quite small or your tenants need parking for more than one or two vehicles. To suppress and avoid tenant frustration and know for certain that you don’t end up with cars everywhere, it’s relevant to precisely outline the rules regarding vehicles and parking in your lease documents and impart good parking solutions for your tenant.
Parking by the Rules
Each rental property is different, which implies that the availability of parking on or near your rental property will be definite and unique to your area. But, heedless of what type of property you own or how much parking is there available, you should still include parking clauses in your lease agreement with tenants. Most leases will limit the number of vehicles a tenant can park in a driveway or adjacent sections. Few leases specifically forbid a tenant from parking oversized or recreational vehicles on the property, as for instance boats, and RVs. Although depending on your situation, your lease may need to go further than that. Certain neighborhoods allow residents to park on the street – some don’t. It’s as well significant to clarify areas in which tenants cannot park, like in particular, in the yard, near dumpsters, or on an adjacent property. By detailing clearly the parking rules and expectations, you may greatly avoid a lot of tenant disagreements referring to parking down the road.
Parking Solutions
But sometimes, simply establishing parking rules isn’t quite good enough to grant or offer tenants. If your rental property is in an urban setting, parking may be seriously limited. Although your rental isn’t in a city, circumstances may bring on limited space for your tenants to park their vehicles. It’s necessary to think of new innovative approaches to widen or upgrade your tenants’ parking options in such cases.
If it happens that your Irvine rental property is a house with some land around it, you have a number of rather inexpensive options to take into account. If your property doesn’t already have covered parking or a garage, you might look into having a carport installed in close proximity to the house. Lots of carports are fairly cost-effective, however, and could indeed make your rental home far more attractive to tenants. It may certainly add to your resale value. Normally, renters highly prefer covered parking and are more likely to apply for a rental that grants it. Just be sure to know the zoning laws in your area prior to making a move with any construction project.
If a carport won’t fit or your rental property lacks a generously-sized driveway, one definitely less costly option to add more parking would be to just create an adjacent paved or gravel area designated for parking vehicles. This area could be wherever adjacent to the property and doesn’t really have to be lavish. But certainly, it is very important to keep curb appeal in mind. If you convert the front yard into a parking lot, certain tenants may not be elated with that. Take into account opting to use a side or backyard area instead, if there is one.
For rental properties with small yards, small driveways, and narrow streets, property owners might have to get resourceful to develop several good parking solutions. One option probably is to rent parking from a neighbor or a nearby parking garage. If a nearby property has space but isn’t being used, they may be willing to let you lease it for your tenant’s use. Then again, you could additionally encourage your tenants to store less-used vehicles somewhere else and offer incentives, as, for example, public transit passes to encourage fewer cars on the property.
Providing for all of your tenants’ needs can be a challenge for property owners. Real Property Management Agile can help if you’re looking for creative and professional solutions for your parking issues. Contact us for more ideas pertaining to how you can successfully make your Irvine rental property more appealing to renters while still offering what they need to live in comfort.
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