One of the biggest challenges property management Aventura sees is the decision on some of the modalities, rules and regulations guiding property leasing or rent. In some cases, most landlords and property managers frown upon some activities and lifestyle choices, a big part of this is the clause about pets.
With many people owning pets nowadays, the rule against pet ownership seems to come off as extreme and an increasing number of property managers and landlords are having to rethink this policy. Although, pet ownership suggests that there will be more to do at the end of the lease or rent period.
Deciding on whether or not to allow pets in your rental property is one of the biggest decisions you have to make at some point. This is because pets can most likely affect the health of other tenants who are allergic to them, and also leave odors and certain damages due to pet activities. Failure to accept pet owners however, also significantly cuts down your chances of getting the right fit for the property.
Accepting Pets in your rental property
Many property managers and landlords have tinkered on this at some point during their tenant selection process. The decision to allow pets, or not, should always be based on facts.
With more than 65% of the United States household boasting of at least one pet, it becomes a lot harder to find the right fitting tenant if you have chosen a no pet rule for your property.
However, while you may have considered the disadvantages of letting pet owners into your property for rent, there is also the need to objectively consider the advantages of this move.
Below are some of the advantages you stand to gain from letting pet owners into your rental property.
- Allows you access to a wider pool of audience to rent your property and guarantees that you can have tenants at all times of the year
- You can make significantly more money by charging a pet fee or in addition, charging damages which are refundable upon completion of the rental period.
In addition to those advantages, research also shows that tenants with pets are more likely to stay longer compared to others without pets, thus guaranteeing you that the tenant will renew their leases.
Minimizing the risks of renting to tenants with pets
If you have decided to rent out your property to pet owners, the first line of action will be to put in place measures that guarantee that such risks associated with the decision are eliminated or minimized.
To go about this, you should consider some form of restriction. Restrictions can be in the form of setting rules as to which type of pets are acceptable, breeds of pets, size of pets and maximum number of pets allowed to a tenant.
While most people own either a dog or a cat, which is okay, you may want to consider the size and breed of the dog and in the case of a cat (which is a little riskier), you may want to consider the number of cats.
In addition, you may want to add on a strong pet addendum that details the rules and regulation of pet ownership on your rental property. When drawing out these rules, make sure to be aware of rules and regulations regarding service animals as they are not considered pets.
If you need any further information in making the decision, you should visit https://www.us-florida-property-management.com/aventura/.
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