Updated over 8 years ago on . Most recent reply
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Andrew Syrios
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- Residential Real Estate Investor
- Kansas City, MO
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I'm a fan of renting to pets in houses and duplexes, and perhaps cats if it's an apartment with no common area (with a limit of one). This especially helps find tenants in suburbia where many people often want to have a house and yard because of their pets.
Just make sure to 1) Charge a non-refundable pet deposit (we charge $250), 2) charge pet rent (we charge $25/month per pet, 3) Limit the number of pets (we set 3 as the maximum) and 4) not allow dangerous breeds of dogs.
It's up to you, but I think the pet deposit and fee make up for any damages and it provides an advantage marketing your rentals.