There are many problems or topics that could come between a landlord and tenant, but the issue of parking is most controversial. This is especially the case if your East Charlotte rental property has limited space and your tenants need a parking space for one or two vehicles. When there are no clear rules regarding vehicles and parking, you might see a “mess” of cars in your area. It is best to outline these rules in your lease document to avoid your tenant from getting frustrated. It also provides parking solutions for your tenant as well.
Parking by the Rules
There is no one size fits all rules for rental property parking since the size of every rental property and the availability of parking space is different. Even if you think that your property is big enough and that parking is not an issue, you should still include parking clauses in your lease agreement with tenants. The vast majority of leases impose a maximum number of vehicles a tenant can park around the property. Some leases deny a tenant from parking oversized or recreational vehicles on the property, such as boats and RVs. But since every scenario presents a different set of circumstances, your lease can cover a lot more than what’s normal. The street may be used for parking in one neighborhood but not for others. It is pertinent that tenants are knowledgeable of the places that are off-limits to parking such as in the yard, near dumpsters, or on an adjacent property. In order to avoid misunderstandings with your tenants, discuss the parking rules and expectations with them and get them on board.
Parking Solutions
From time to time, parking rules are not the cure-all solution for tenants. Parking space can really be challenging to find especially when your rental property is in an urban area. There are other reasons where your tenants can have difficulty finding a parking space for their vehicles even when your rental is not in the city. Such difficult conditions will require clever solutions for you to improve your tenants’ parking options.
If your East Charlotte rental property is a house, and there is empty land around it, you might have found an option that is cheap and simple. No covered parking or garage on your property? A carport is an answer. Carports are a great investment. They are quite cheap to build and make your rental home more appealing to tenants. It could improve your resale value. When renters see covered parking, it is usually a deal maker and makes that rental happen. To avoid any hassle, check the zoning laws first before starting the construction project.
If your rental property cannot accommodate a carport as well as a driveway, you can still increase parking space by making an adjacent paved or gravel area reserved for parking vehicles. This should be located adjacent to the property and can be as plain as can be. But you have to protect the curb appeal. If you use your front yard as a parking lot, some tenants may not like this. Consider other parts of the property that you can use instead of first.
For rental properties with small yards, small driveways, and narrow streets, get your creative juices flowing and come up with good parking solutions. One course of action might be to rent parking from a neighbor or a nearby parking garage. Ask around for a property nearby that is not being used. The owner might allow you to lease it for your tenant’s use. You could also ask your tenants if they are willing to store their cars outside the property and then give them free public transit passes if they are agreeable to your proposal.
Some property owners find it too stressful to attend to their tenant’s needs. Real Property Management Experts is a dedicated team of professionals who can provide you with solutions for your parking issues. Contact us for more ideas about how you can make your East Charlotte rental property more appealing to renters while still offering what they need to live in comfort.
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