QUOTE (Bill @ Sep 20 2007, 01:58 AM) How much insurance do you have for the property? If you have so much insurance it doesn`t matter if the property burns down then you could leave it up to the tenant. On the other hand if you wish to ensure you keep the property up and running for many years you may want to take care of the expense yourself.
Getting the chimney cleaned regularly will be a very minor cost in the big picture.
Regards,
I would agree but for us, it`s about risk and liability. I am not comfortable with my tenants lighting fires in my properties in the winter months. I know from personal experience of fire places that embers fly out some times. In addition, there is a training liability issue we have to deal with and well... just something I am not interested in risking. We cap them all.
With that said, in a competitive market, a fire place might be a nice feature for marketing.
Hope this helps.