Are you considering making your rental pet-friendly? With 59.8 million American households owning a dog, it's clear that pets have become integral members of many families.
For landlords, this presents both a challenge and an opportunity. Allowing pets in a rental property widens the tenant pool and attracts a demographic of responsible renters committed to their furry companions. Embracing this trend can increase the appeal of your Jacksonville rental, enabling you to charge higher monthly rents due to the added value of a pet-friendly environment.
Read on to discover how making your rental a part of the coveted "pet-friendly rentals" category can benefit you.
Advertise As Pet-Friendly
Advertising your rental as pet-friendly attracts a wider audience and can fill vacancies faster. Allowing pets in a rental property improves tenant management by fostering trust and long-term relationships.
In your online listing, use simple and welcoming language. For example, you might say, "We welcome pets in our rental property! Your furry friends are part of the family, and we want everyone to feel at home." This clear message can make your property stand out to responsible pet owners looking for a place to settle.
Set Clear Pet Rental Property Policies
When you allow pets in a rental property, you need clear rules. These guidelines help keep everyone happy and the property in good shape. Here are some pet rental property policies to consider:
- Limit the number and size of pets: Allow only two pets, under 50 pounds each, per unit
- Specify pet types: Allow only common pets like cats and dogs; no exotic animals
- Require proof of vaccinations: Ensure all pets have up-to-date shots to keep everyone safe
Set a Pet Deposit
When setting a deposit for a rental, consider the potential property damage pets might cause. Consider the size and type of pet, as a larger pet may cause more wear and tear.
You might set the deposit between $200 and $500 per pet. This amount helps cover repairs for property damage like scratched floors or stained carpets. Ensure the deposit is fair so it doesn't discourage responsible pet owners.
- Pro Tip: Always check local laws to ensure your deposit aligns with regulations
Hire a Property Manager
For several reasons, hiring a property manager when allowing pets in a rental property makes sense. First, they handle all tenant screenings and ensure pets meet the property's standards. Second, they conduct regular inspections to spot any pet-related damages early. Third, a property manager handles tenant complaints, like noise or mess, so you don't have to.
They also ensure the property stays clean and safe for everyone. Finally, they know the local laws about pet deposits and fees, so they keep everything legal and fair.
A New Perspective on Pets in a Rental Property
Allowing pets in a rental property in Jacksonville can be a profitable venture. By advertising your property as pet-friendly, setting clear pet policies, and charging a reasonable pet deposit, you can attract responsible pet owners and minimize potential risks.
Want to benefit from our dedicated leasing specialists who excel in crafting effective pet policies? Our unique service ensures your property is marketed efficiently, priced accurately, and presented flawlessly with professional photos.
Trust us to handle all aspects of the leasing process, from online advertising to tenant communication. Contact Northeast Florida Realty, Inc. today
