Pet fee/deposit on a large 3 bedroom home

[Calla Williamson]

I am unsure how high to set my pet fee/ deposit. Most people say around $250! But our rental is going up for $1850 per month. 3 bedroom/ 3 bath. 2000 sq ft. My husband says one months rent for a pet deposit, but that seems like people would balk!

What should I do?

[John Thedford]

Do NOT call it a pet deposit unless you are willing to refund it. Deposits are liabilities. Fees are earned. I get a minimum $250 pet fee when I accept a tenant with pets. When they renew, I do not charge anything additional.