There are numerous ways you can practice to shield your Dallas investment properties from vandalism. You would come to find the harsh reality though that despite all your best efforts, there is no guarantee. With roughly 15% of homes targeted by vandals each year, it is likely that one or more of your rental homes may eventually be hit.
Vandalism can leave you feeling helpless with an overwhelming sense of violation and frustration as you deal with the authorities and your insurance company. It does not help the fact that even though you are in the midst of dealing with all of that, you still have to attend to the repairs and appease your equally upset renter. If you know what to do when vandals strike, you can gain back that shattered confidence and make the recovery process a bit easier.
The moment you find out your property is vandalized, it is important to contact the local authorities and file a police report. Your tenants may report the vandalism themselves, or call you to let you take charge of the situation and make the report. Either way, as the Dallas property owner you should communicate with the investigating police officers and make sure that all property damage is documented in an official report.
Make sure that you have documentation for every damage, taking pictures of the vandalism is right for you and your insurance company as well. If in case you are not able to go to the property as soon as possible, you might have your tenant or your property management company handle the documentation.
Unless your renters or their guests caused the vandalism, you will be compelled to take necessary repairs. Coordinating with your insurance company is critical as they will need to be in the loop with everything that’s going on as soon as the damage occurred. Situations like these make it even more important to check if your landlord insurance policy covers this type of damage even before you fall victim to vandalism. Otherwise, you may need to spend for the repairs yourself.
More importantly, vandalism can terrify a tenant, as it leaves them not only with physical damage but also feelings of fear or anxiety. Their sense of security has been violated, and they may need reassurance from you that things will be taken care of and that you and your property management company are doing all that you possibly can to restore both the rental property and their ability to live safely in it.
At Real Property Management Preston Trails, one of our top priorities is keeping both your tenant and your rental property safe from vandalism and other preventable damage. But if vandals do make a mess, we will manage the entire documentation and recovery process for you and make sure that your property is renovated as soon as possible. Would you like to learn more? Please contact us online or call us at 214-477-6518 for details.
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