Episode 22: The Pros & Cons of Renting to Pet Owners
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Let me start by saying that we are pet lovers. Kevin and I have owned a pet of some form for the better part of both of our lives. However, we do not prefer pets in some (most) of our units.
There are good reasons why not to allow pets but the argument on why landlords should allow pets is much greater. What it comes down to is personal choice.
How do you make this choice? By weighing the pros and cons! Take what you know about your rental units, your tenants, the state you live in, and how much work you are willing to do when you are faced with turning a unit that has housed a pet and use the information provided in this podcast to make an informed decision.
This episode gives you practical and actionable information about the good and bad of renting to pet owners.
We discuss:
▪️Landlords fears of renting to pet owners.
▪️What bad things can happen when pets reside in your rental property.
▪️The financial benefits to your income if you choose to rent to pet owners.
▪️What kind of tenants you likely will have if pets are allowed.
▪️Actionable tips on things to do when renting to pet owners.
▪️The differences between pets, service animals, and emotional support animals and why the differentiation is crucial to know.
This is a VERY informative 22 minutes! So, grab your favorite drink of choice and settle in for a quick info session on why should or should not rent to pet owners!
LINKS
Also known as Landlord Tech, this company provides portals for landlords to manage all the pets in their rental properties.
For landlords, they offer ESA verifications, contract data management, documentation storage, applications for animal requests, etc.
Each tenant has their own portal where they upload pertinent information and will receive notices regarding updated forms or even violation notices.
Even if you only used their ESA verification service, this company offers peace of mind.
Learn more about Our Pet Policy today!
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