It's no big secret that Americans love their pets, considering them family members.
Therefore, allowing pets in a rental property can be a great opportunity to attract a wider pool of tenants in Columbus, GA. However, it's essential to approach landlord pet policies carefully to protect your property while keeping tenants happy.
Here's a guide to creating a balanced, well-managed pet policy for your Columbus rental.
1. Understanding Tenant Demand for Pet-Friendly Rentals
The demand for pet-friendly rentals is rising as many pet owners look for accommodating living spaces. By allowing pets in apartments, you can make your property more appealing and even potentially increase occupancy rates.
Tenants with pets are also often willing to pay higher rent or a pet fee for the convenience of bringing their furry friends along. Still, it's important to have a structured policy to ensure pets don't create unexpected issues.
2. Setting Clear Pet Policies
When allowing pets, create a clear, written pet policy in your lease. This should detail specific rules and expectations regarding the types and sizes of pets allowed, along with any restrictions on species or breeds.
Many landlords limit the number of pets or prohibit certain breeds based on size and temperament. For instance, you might consider only allowing dogs under 30 pounds or restricting certain breeds that may pose insurance risks. Being clear from the start helps avoid any misunderstandings later.
3. Pet Deposits, Fees, and Rent
In Columbus, GA, it's common for landlords to charge pet-related fees to offset any potential damage. You can opt for:
- A refundable pet deposit
- Non-refundable pet fee
- An additional monthly pet rent
A pet deposit may cover repairs if a pet damages floors or walls, while a pet fee provides extra income to manage general wear and tear associated with pets. Determine a fair amount based on the size and type of pet while keeping it reasonable to attract tenants.
Be sure to include these fees in your lease agreement so that tenants understand what they're paying for and under what conditions fees might be refunded.
4. Screening Pets Like Tenants
Just as you screen tenants, it can be helpful to screen pets. Some landlords ask for references or may want to meet the pet before making a decision. Others request:
- Vaccination records,
- Obedience school certificates
- A letter from a veterinarian confirming the pet is healthy and non-aggressive
5. Maintenance and Property Considerations
Pets can cause wear on a property, so consider maintenance needs specific to pet-friendly rentals. Hard flooring, like tile or laminate, is easier to clean than carpet and less likely to be damaged by pets.
Additionally, if your property has a yard, ensuring it's pet-friendly with fencing or designated waste disposal areas can be a nice perk for pet owners. Regular inspections help catch any potential pet-related issues early.
Allow Pets in a Rental Property To Keep Tenants Happy
Happy tenants tend to stay longer, so one way to keep them satisfied is to allow pets in a rental property. Just make sure to follow our tips so you don't end up losing money.
Hiring Bickerstaff Parham Property Management service in Columbus will ensure less stress and more profit for you. We have been managing properties for years so contact us to learn more about our services.
