Fencing and Multifamily Rentals

9366267_sA maintained multifamily rental property which is fully fenced will better attract a well-paying tenant. This is because tenants looking for rental places with fences usually have children or pets and some affluence if they are looking for that kind of property which they know will cost more to rent. A fence makes the property look well cared for too and shows you value your property. It also gives the perception that the property is safe and secure which is good since parents look for rentals with fencing to keep the kids safe from harm. Additionally the parents can go out into the fenced in area with their children and supervise, play games or just sit and watch. Plus, if the fenced in area has grass, it will even be more inviting.

Also, if you advertise your multifamily rental property as dog friendly, the property should be totally fenced in or have a fenced in pet area. Pet owners also want their four footed friends to have a safe environment to run around in. So having a pet friendly area is just as important to a pet owner as a fenced in yard is to a parent.

Additionally, when you as a landlord fence in your property, it will define your property from your neighbor’s next door and give your tenants boundaries. It gives your property a unified feel as well as an all over well cared for appearance also. Now maintaining a fence does take some time, but the payoff is worth it if the tenant is a better one.

With these facts in mind, a fence makes it more difficult for less desirable tenants to move in because with a fence, you can charge a higher rent since it is a security factor. Then as an added bonus, your turnover will be less because your quality of tenant will be higher.

So if you own a multi-family rental property and have room to install a fence, it could be a good move to contact a professional fence installer and see what suggestions they have for your property.