Sometimes, it can seem ideal for you to use your rental property as a place to store your own personal property. We have come across a few property owners who like to keep their own personal belongings at their investment properties, even when they are renting the place out to a tenant. This is not a good idea, and we always recommend that you do whatever you can to avoid keeping your property at your rental home. If you have tenants occupying the place, it’s just not the right thing to do.
It’s going to be very hard for your tenants to feel comfortable or happy in their home if you are always coming in and out of the house, needing to access your own property that you happen to be keeping in the garage or a spare bedroom or a closet. Keep in mind that you are also never going to be able to really protect that property. If you leave something in someone else’s home (even a home you own), you are never going to have complete control over it. There are tenants living there, and you don’t know what they are going to do to that property, whether intentionally or accidentally.
If it is absolutely necessary for you to leave something there, do what you can to protect those belongings as well as your tenants’ privacy. Put a written agreement in place that stipulates how you will access the property and how often you will stop by to see it or use it. This can be an addendum to your lease. Talk to your tenants about how and when you will come and get that property. Make an appointment with your tenants or let them know in advance so they are not inconvenienced. Never just show up.
Do a personal inventory of any furniture or other items tenants might use while they are living in the property. Ensure that your lease agreement includes the property that stays in the house, and what the tenants can and cannot use. This will keep everyone on the same page. You don’t want to leave a sofa in the house and then learn the tenants have moved it out with all of their own belongings once they leave.
Tampa is a great rental market, and we are always happy to share our thoughts and experiences with property owners. If you have any questions or you’d like to explore any areas of property management, please contact us at Cavalier Estates.