Among the most critical potential issues between a landlord and a tenant is parking. This is especially the case if your tenants need parking for more than one or two vehicles or if the area surrounding your Onondaga County rental property is small. To avoid tenant frustration and ensure that you don’t end up with cars everywhere, it’s crucial to clearly outline the rules about vehicles and parking in your lease documents. Providing helpful parking solutions for your tenant is necessary and a way to enhance their rental experience.
Parking by the Rules
Each rental property is different so the likelihood of parking on or near your rental property will be particular to the situation you are in. You should nonetheless include parking clauses in your lease agreement with tenants irrespective of what type of property you own or how much parking is available.
Most leases stipulate the number of vehicles a tenant can park in a driveway or nearby areas. Certain leases forbid tenants from parking oversized or recreational vehicles on the property, including boats and RVs. But your lease might have to cover more depending on your circumstances. Certain neighborhoods allow residents to park on the street; some do not.
It’s also vital to clarify areas where tenants cannot park, such as in the yard, next to dumpsters, or on a neighboring property. Properly laying out the parking rules and expectations can help you avoid many tenant disagreements about parking in the future.
Parking Solutions
Sometimes, all that is offered to tenants from parking rules is not nearly sufficient. If your rental property is in an urban area, parking could be limited. Even if your rental isn’t located in a city, circumstances may result in limited space for your tenants to park their cars. In these conditions, important that you explore creative ways to expand or upgrade your tenants’ parking options.
If your rental property entails a single-family house with some land around it, you have numerous relatively inexpensive options to take into account. If your property doesn’t already have covered parking or a garage, contemplate installing a carport near the house. Numerous carports are cheap, but they could make your rental home much more attractive to tenants. It could perhaps add to your resale value. On the whole, renters prefer covered parking and are more willing to apply for a rental that includes it. Just check your area’s zoning laws before starting any construction project.
If a carport would not fit your rental property or if it requires a generously sized driveway, another relatively inexpensive option to add more parking would be to create an area designated for parking vehicles. This location could be adjacent to the property and doesn’t need to be spectacular. Still, one also has to keep curb appeal in mind. If you convert the front yard into a parking lot, some tenants could be delighted. If there is a side or backyard, think about using that instead.
Property owners need to get even more creative in developing reasonable parking solutions for rental properties with small yards, driveways, and restricted roadways. One alternative is to rent parking from a neighbor or a nearby parking garage. Should a neighboring property have space but not be used, they could be eager to let you lease it for your tenant’s use.
Meeting all your tenants’ needs can be demanding, but you’re not alone. Real Property Management Upstate is here to help you find creative and professional solutions for your parking issues. We can provide the expertise and support you need to make your Onondaga County rental property more appealing to renters while still meeting their parking needs. Contact us online or call 315-498-1235 today.
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