Many landlords struggle with the question of whether or not to allow pets in their rental properties. If you say yes to pets, you’re opening your property up to a wider range of potential tenants who are interested in your rental home. In our Fort Wayne, IN property management experience, we have found that nearly 75 percent of inquiries about vacancies are from people who have dogs and cats. If you say no to pets, you may be eliminating a large pool of candidates, because most prospective tenants will not be willing to part with their pet in order to stay in your property.
When you decide to accept pets, keep in mind that they can cause potential damage. Knowing the type of animal, the breed of the animal, the size of the pet, and its age are very important factors when you’re putting together a pet policy. If you leave these things unanswered, you may find that allowing pets turns into tenants moving in with five very large pets that do a lot of damage to your home. You have to do what you can to minimize the likelihood of pet damage when you’re willing to consider them.
As an owner of a rental property, the answer to the question of whether or not to allow pets does not have to be a yes or a no. Think through all of the details of your decision. How many pets will you allow a tenant to bring into the property, and what types of pets are you comfortable allowing? Are there specific breeds or sizes that you will and will not allow? These answers can have a big impact on keeping your property in good condition, preventing damage, and attracting good tenants.
If you have any questions about pets or how to write your lease to prevent pet damage, please contact us at Select Property Management Pros, and we’d be happy to assist you.