The top 3 benefits of having a pet-friendly rental

Allowing pets at your rental property has its many benefits but most importantly, it avoids the possibility of tenants feeling like they need to hide that they have gotten a pet or may already have one. If this does happen and we find out, we can go through an eviction but that can be a costly and timely process. We typically suggest allowing pets for happy tenants!

The top 3 benefits of having a pet-friendly rental

1.    About 75%-80% of people looking to rent a property have pets. If you don't accept pets, you are limited to 20%-25% of the people that are looking for a property to rent.

2.    Tenants that own pets are more likely to rent long-term considering it can be more difficult to find another rental that allows pets.

3.    We charge a higher security deposit if a tenant has pets just in case there is damage. You can also earn extra income from charging "pet rent" which can help compensate for any extra wear and tear that may come.

A few ways you can make your property pet friendly:

• Choose flooring that is pet friendly such as LVP (Luxury Vinyl Planks), tile or linoleum   rather than carpet.

• Use semi-gloss or satin paint to make your walls easier to clean.

• Make sure there is an area outside where dogs can do their “business”, preferably fenced.

Most insurance companies will not insure landlords that allow certain breeds. Please check with your insurance company to see what limitations there are.

If you have any further questions whether you are an owner or tenant, give us a call today!