Allowing pets on your rental property can lead to many rewards as well as some risks. Make sure you consider every aspect of what makes a property pet-friendly.
Securing tenants
Should you decide to allow pets on your property rental, you can end up with a larger pool of ideal tenants to choose from. You can market your property as “pets considered upon application” so that you can still make a final decision whether the pet is suitable for the property.
Pet-related damages
A pet-friendly home can also be prone to excessive wear and tear, such as scratched floors, stained carpets and the possibility of fleas. As Landlord, you want to make sure you have the right insurance to protect your investment property and that the appropriate terms are stated clearly in the tenancy agreement.
A higher rent
Pet owners are more likely to pay higher rents. It can be a hassle on the tenant’s part to move around a lot with a pet, so they consider stability for themselves and their pet to be valuable. That can also lead to tenants who are eager to sign long-term leases.
Upset neighbours
You may have to deal with complaints from neighbours about noise and other pet-related problems. One way to avoid this is to screen the pet by asking pet owners of their pet’s behavior, habits and ability to get along with people.
Stacey Lee Realty has experienced Property Managers to handle the task of maintaining your investment and ensure your investment is working for you with minimal hassles. Call us today at 07 3399 2966 or visit www.staceyleerealty.com.au