Should I Allow My Tenants to Have Animals?

Should I Allow My Tenants to Have Animals?

One of the toughest questions is that should I allow my tenants to have animals? Being a landlord is an excellent way to make extra money. However, there are many decisions that a landlord must make, and one of those choices is whether to allow animals at your property. Sure, dogs and cats can cause thousands of dollars in damages, but many well-behaved pets are like an addition to the family. Since only 55 percent of landlords allow animals, it may be time to put them on the lease, as offering pet-friendly units can give you an edge over your competition.

Should I Allow My Tenants to Have Animals: Animal Damage

Certain types of pets, like cats, dogs, and birds, can destroy a home. They can urinate on the carpets, chew up linoleum and trim, and leave an abode with a noticeable odor. Noise is often a complaint with these pets, too.

However, not all animals are so destructive. Small animals can actually be ideal pets for apartments since they don’t take up much space and stay inside their cage or tank. For example, leopard geckos, a popular pet reptile, only need a 3’ long cage, and will get sick if they spend too much time outside of their cage. Betta fish are a popular pet fish that can be housed in just 5 gallons of water, so you don’t have to worry about water damage if it accidentally falls over.

Many landlords who ban pets find that their tenants sneak them in anyway. Instead, encourage a more open dialogue with your tenants. Instead of banning, why not charge a monthly deposit or an additional charge on the monthly payment to offset the potential damage? Plus, you might be pleasantly surprised to know good tenants will care for their pets as well as they do their children. References are key. Talk to previous landlords and make sure the renter not only paid their rent but also that their pet didn’t leave behind any damages.

Should I Allow My Tenants to Have Animals: Focus On The Rental Agreement

You can broaden your pool of potential renters by simply allowing pets. When you permit animals to be brought to the home, you must be very clear in your contract or rental agreement. The rules will protect you should you ever need to collect money for pet-related damages. Before allowing pets, make sure to prepare a rental agreement that outlines pet regulations ahead of time.

Potential for Higher Retention and Lower Vacancy

In many areas, the rental markets are competitive. If you allow residents to have pets, then you can decrease your vacancy loss. When you have pet-friendly rentals, this can increase your tenant pool. Also, by charging a deposit and monthly fee, you can make more money from the property. Since most renters consider their animals as part of the family, they wouldn’t dream of moving to a place that doesn’t allow them. Did you know that 67 percent of all households in America have a pet? If you don’t allow pet owners, then you could be losing out on rent.

There are risks to having pets in a rental property. However, if you clearly put stipulations in the contract and make the tenant stick to those guidelines, in most cases, things end fine. Get references, and make sure your tenant takes care of their pets, and all will be well.

If you need help getting good tenants for your property, take advantage of our tenant placement services!

 Steelbridge Realty LLC  is a Licensed Real Estate Brokerage that utilizes cutting-edge marketing techniques and data-driven Real Estate solutions in today’s ever-changing environment. Our group of professionals have decades of experience and have navigated through many business cycles. Our diverse background gives us the tools to guide people towards successful decisions.

 

_podioWebForm.render(“1020721”)

$225,000
Multi-Family For Sale
Active
5
BED
3
TOTAL BATHS
2022 Waltman St
Fort Myers, FL 33901
THE PALMS Subdivision
$124,900
Multi-Family For Sale
Active
3
BED
2
TOTAL BATHS
2823 Meadow Ave
Fort Myers, FL 33901
FORT MYERS Subdivision
$179,900
Multi-Family For Sale
Active
4
BED
2
TOTAL BATHS
2402/2406 Linhart Ave
Fort Myers, FL 33901
FORT MYERS Subdivision
New Listing - a week online
$389,900
Multi-Family For Sale
Active
5
BED
5
TOTAL BATHS
2066-2068-2070 Franklin St
Fort Myers, FL 33901
FORT MYERS Subdivision
Price Change - 3 weeks ago
$435,000
Multi-Family For Sale
Active
2
BED
2
TOTAL BATHS
Lovejoy Park #2340
2338 Stella St 2340
Fort Myers, FL 33901
New Listing - 2 weeks online
$350,000
Multi-Family For Sale
Active
3
BED
3
TOTAL BATHS
1349 Bradford Rd
Fort Myers, FL 33901
BONAIR Subdivision
New Listing - 2 weeks online
$289,900
Multi-Family For Sale
Active
6
BED
6
TOTAL BATHS
Jeffcotts #2348
2346 Dora St 2348
Fort Myers, FL 33901
$550,000
Multi-Family For Sale
Active
5
BED
5
TOTAL BATHS
2135 Hoople St
Fort Myers, FL 33901
FORT MYERS Subdivision
$161,900
Multi-Family For Sale
Active
4
BED
4
TOTAL BATHS
5462/5464 6th Ave
Fort Myers, FL 33907
PINE MANOR Subdivision
$129,900
Multi-Family For Sale
Active
2
BED
2
TOTAL BATHS
5467-5469 6th Ave
Fort Myers, FL 33907
PINE MANOR Subdivision
New Listing - 3 weeks online
$160,000
Multi-Family For Sale
Active
4
BED
2
TOTAL BATHS
1729 Maple Dr
Fort Myers, FL 33907
PINE MANOR Subdivision
$189,900
Multi-Family For Sale
Active
4
BED
2
TOTAL BATHS
5455 11th Ave
Fort Myers, FL 33907
PINE MANOR Subdivision
New Listing - yesterday
$145,000
Multi-Family For Sale
Active
4
BED
2
TOTAL BATHS
1545 Oak Dr
Fort Myers, FL 33907
PINE MANOR Subdivision
$162,000
Multi-Family For Sale
Active
4
BED
2
TOTAL BATHS
5611 10th Ave
Fort Myers, FL 33907
PINE MANOR Subdivision
$385,000
Multi-Family For Sale
Active
6
BED
4
TOTAL BATHS
219 SE 24th Ave
Cape Coral, FL 33990
CAPE CORAL Subdivision
New Listing - 3 weeks online
$485,000
Multi-Family For Sale
Active
8
BED
8
TOTAL BATHS
Cape Coral #A-D
124 SE 24th Ave A-D
Cape Coral, FL 33990
$154,900
Multi-Family For Sale
Active
4
BED
2
TOTAL BATHS
Pine Manor #5465
5463 11th Ave 5465
Fort Myers, FL 33907
Price Change - 3 weeks ago
$415,000
Multi-Family For Sale
Active
6
BED
6
TOTAL BATHS
Cape Coral #1-3
509 NE 24th Pl 1-3
Cape Coral, FL 33909
$420,000
Multi-Family For Sale
Active
8
BED
4
TOTAL BATHS
286-296 Lowell Ave
North Fort Myers, FL 33917
NORTH FORT MYERS Subdivision
New Listing - 3 weeks online
$304,500
Multi-Family For Sale
Active
4
BED
4
TOTAL BATHS
1209 SE 6th Ter
Cape Coral, FL 33990
CAPE CORAL Subdivision

$225,000
Multi-Family For Sale
Active
5
BED
3
TOTAL BATHS
2022 Waltman St
Fort Myers, FL 33901
THE PALMS Subdivision
$124,900
Multi-Family For Sale
Active
3
BED
2
TOTAL BATHS
2823 Meadow Ave
Fort Myers, FL 33901
FORT MYERS Subdivision
$179,900
Multi-Family For Sale
Active
4
BED
2
TOTAL BATHS
2402/2406 Linhart Ave
Fort Myers, FL 33901
FORT MYERS Subdivision
New Listing - a week online
$389,900
Multi-Family For Sale
Active
5
BED
5
TOTAL BATHS
2066-2068-2070 Franklin St
Fort Myers, FL 33901
FORT MYERS Subdivision
Price Change - 3 weeks ago
$435,000
Multi-Family For Sale
Active
2
BED
2
TOTAL BATHS
Lovejoy Park #2340
2338 Stella St 2340
Fort Myers, FL 33901
New Listing - 2 weeks online
$350,000
Multi-Family For Sale
Active
3
BED
3
TOTAL BATHS
1349 Bradford Rd
Fort Myers, FL 33901
BONAIR Subdivision
New Listing - 2 weeks online
$289,900
Multi-Family For Sale
Active
6
BED
6
TOTAL BATHS
Jeffcotts #2348
2346 Dora St 2348
Fort Myers, FL 33901
$550,000
Multi-Family For Sale
Active
5
BED
5
TOTAL BATHS
2135 Hoople St
Fort Myers, FL 33901
FORT MYERS Subdivision
$161,900
Multi-Family For Sale
Active
4
BED
4
TOTAL BATHS
5462/5464 6th Ave
Fort Myers, FL 33907
PINE MANOR Subdivision
$129,900
Multi-Family For Sale
Active
2
BED
2
TOTAL BATHS
5467-5469 6th Ave
Fort Myers, FL 33907
PINE MANOR Subdivision
New Listing - 3 weeks online
$160,000
Multi-Family For Sale
Active
4
BED
2
TOTAL BATHS
1729 Maple Dr
Fort Myers, FL 33907
PINE MANOR Subdivision
$189,900
Multi-Family For Sale
Active
4
BED
2
TOTAL BATHS
5455 11th Ave
Fort Myers, FL 33907
PINE MANOR Subdivision
New Listing - yesterday
$145,000
Multi-Family For Sale
Active
4
BED
2
TOTAL BATHS
1545 Oak Dr
Fort Myers, FL 33907
PINE MANOR Subdivision
$162,000
Multi-Family For Sale
Active
4
BED
2
TOTAL BATHS
5611 10th Ave
Fort Myers, FL 33907
PINE MANOR Subdivision
$385,000
Multi-Family For Sale
Active
6
BED
4
TOTAL BATHS
219 SE 24th Ave
Cape Coral, FL 33990
CAPE CORAL Subdivision
New Listing - 3 weeks online
$485,000
Multi-Family For Sale
Active
8
BED
8
TOTAL BATHS
Cape Coral #A-D
124 SE 24th Ave A-D
Cape Coral, FL 33990
$154,900
Multi-Family For Sale
Active
4
BED
2
TOTAL BATHS
Pine Manor #5465
5463 11th Ave 5465
Fort Myers, FL 33907
Price Change - 3 weeks ago
$415,000
Multi-Family For Sale
Active
6
BED
6
TOTAL BATHS
Cape Coral #1-3
509 NE 24th Pl 1-3
Cape Coral, FL 33909
$420,000
Multi-Family For Sale
Active
8
BED
4
TOTAL BATHS
286-296 Lowell Ave
North Fort Myers, FL 33917
NORTH FORT MYERS Subdivision
New Listing - 3 weeks online
$304,500
Multi-Family For Sale
Active
4
BED
4
TOTAL BATHS
1209 SE 6th Ter
Cape Coral, FL 33990
CAPE CORAL Subdivision
_<br /><br /> <a href=”https://podio.com/webforms/14884395/1020721″ target=”_blank”>Please fill out the form</a><br /><br />

Leave a Reply