Investment Properties: Precautionary tips for avoiding bed bugs
There’s a growing threat that has steadily been infesting properties all across our country. Every year more and more reports of bed bug infestations are being reported, and almost every property type (residential, multifamily, hotels, and even some commercial) is at risk. The threat has become even greater as bed bugs have started to become resistant to many pesticides traditionally used to combat this problematic enemy.
With the substantial costs that can be incurred for treating bed bugs, the impact to your bottom line can be significant if one or more of your investment properties are infected. Here are a few precautionary tips that will help keep you from ever having to experience a bed bug infestation:
Amending your Lease Agreements
With the growing concern of bed bug infestations, many states and municipalities have already begun enacting laws and ordinances that will help to protect landlords from tenants who introduce bed bugs into the properties they rent. However, since these laws only exist in a few areas of the county and because it can be almost impossible to prove that a tenant is responsible for an infestation, it may be beneficial to include additional clauses in your lease agreements that address bed bugs prevention. For example: a clause that would make it a violation for the tenant to bring into the property any discarded or used furniture.
Early Detection
Since bed bugs can spread rapidly (especially between units in multi-family properties), it’s essential that their presence be detected as soon as possible should an infestation occur. If you’re not already doing so, you should be inspecting your property at least every six months in order to check the smoke detectors, HVAC filters, etc. However, it would be wise to add a quick check for bed bugs to the list of items. The simplest method of detection without bringing in a pest inspector is to inspect the mattresses and other furniture inside the home. Their presence will be evidence by a red residue along the seams which is produced after they feed. (Be aware that this type of self inspection will not produce the same level of results as bringing in a licensed inspector. This is not a recommendation to avoid having a professional inspection performed.)
Should you have any questions or need further information,
please don’t hesitate to contact me, (775) 220-1630
Or visit my website: www.SellingHomesinReno.com
Joshua Talayka
NAR designated: Short Sale & Foreclosure Resource
Chase International
Office: 775 850 5900
Toll Free: 877 922 5900
Cell: 775 220 1630
Fax: 775 850 5901
985 Damonte Ranch Pkwy, Ste. 110
Reno, Nevada (NV) 89521
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Welcome to my site registered advisor.
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Deanna,
My site does not have an option to “notify you when new comments are added.” However, some of the communities I’m a member of (trulia, zillow, etc.) and link to this blog do. Are you perhaps recieving the emails from another one of those sites? If so, please let me know which one and I will look into how to remove the service.