Do you allow pets in your rental property? This is always a big question for landlords because they want to balance welcoming tenants who have pets with protecting their property against the potential damage that animals can cause. Today, we’re talking about whether you should allow pets as a landlord.
Property Management in Fort Myers: Tenant Pools
Most people do have a pet, and they consider that pet more as a child than an animal. Pets are family members, and when you’re weighing pros and cons, you have to understand that not allowing pets means you’ll be eliminating a large pool of potential renters. If you don’t allow pets, good tenants who have pets won’t even bother inquiring. If you do allow pets, you’ll get a lot more inquiries about your property, and you’ll also get it rented a lot sooner. Not allowing pets will contribute to a longer vacancy period and a limited tenant pool.
Property Management in Fort Myers: Pet Policies and Restrictions
The best way to allow pets and still protect your property is by having restrictions on the types, numbers, and sizes of pets you allow. For example, you can consider placing breed restrictions on pets. You can allow dogs, but not any aggressive breeds. You can also require a pet application fee or a pet deposit that can be used towards any damages that the pet might make.
If you have a pet of your own, you know how important it would be that your future home would allow that pet to move in with you.
If you have any questions about pet policies or anything pertaining to Fort Myers property management, please don’t hesitate to contact us at Real Property Management Rental Direction. We service Naples, Fort Myers, and the local Lee and Collier county areas, and we’d be happy to help you.