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Updated 10 months ago on . Most recent reply

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Clinton Davis
  • Rental Property Investor
  • Memphis area
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Pet policies lately. ??

Clinton Davis
  • Rental Property Investor
  • Memphis area
Posted

What do you guys normally do if a tenant moves in without a pet but then they want to get one later.  What kind of pet deposit is fair these days and is it fair to ask for more rent per month and how much?  I know every area is different but I was thinking $300 pet deposit and $25 more per month.  I'm in the Memphis area.  Thanks for your suggestions. 

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Wesley W.#1 General Landlording & Rental Properties Contributor
  • Rental Property Investor
  • The Vampire State
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Wesley W.#1 General Landlording & Rental Properties Contributor
  • Rental Property Investor
  • The Vampire State
Replied

I charge $200 per pet and $20 per pet per month, which is below what most others are charging in my area.  Tenants do not even blink at the cost.

I think I had one prospect push back several years ago.  Needless to say, they were not offered the unit. ;)

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