Am I allowed to charge a pet fee for renting my house? What are your thoughts on allowing pets? What is a good fee to charge for pets if any?
It is sometimes very hard to find tenants who don't have a pet. I usually try to avoid it as much as I can but it depends on your market and potential tenants. I usually charge an additional $ 50/month for a pet with a stipulation sometimes they have to have a professional clean the HVAC ductwork upon leaving (Pet hair). I cannot charge any further pet deposit in NJ as I max out at 1.5 months security deposit and you are not allowed to go over that even if they have a pet. I try to stay away from any big pets as they can do alot of damage.
Hi @Kinjal A. ,
I personally don't allow any pets in my units, without exception. But if you do then you should absolutely charge a non-refundable pet fee. I recommend charging the cost of a professional cleaning service to clean the entire apartment (this could run about $400+).
As @Mark Langdon correctly noted, large pets do large damage. Please use good judgement.
Good luck and Happy Investing,
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