Is your rental property’s no-pets policy costing you money? Nearly one of every two renters in the United States has pets.* You don’t have to lose the opportunity to have this market share of rentersa majority of whom could be great residentssolely because they have pets.
If you’re a landlord, rental manager, condominium association board member, or someone who simply rents out a house, you probably have legitimate concerns about opening your property to pets. Perhaps you’ve had bad experiences with irresponsible pet owners and worry about complaints from neighbors. Or maybe you’re not sure how to deal effectively with pet-owning residents should problems arise. You may feel that if you allow one resident to have a pet, you will have to let everyone have a pet. But it doesn’t have to be this way.
The keys to a successful pets-welcome policy are allowing only responsible pet caregivers to rent from you and establishing effective pet-keeping policies so pet owners, your other residents, and you are happy. Thousands of rental property owners and managers have learned how to do this. As a result they have benefited from lower vacancy rates and longer tenancies.
*Source: American Veterinary Medical Association, 1996.