Question: I am currently looking for more investment property in my town, and in doing my research on the local buy/sell pages it seems like there is an incredibly high demand for rentals that accept pets. I, like most landlords, don't really like the 4 legged friends to be in my units, but this might be a market here to make some money if I can find a way to keep my turnover costs low by "pet proofing" any new units that I buy. Just wondering what are the best ways to "pet proof" a rental?
Answer: Hi Ken, You definitely want to get rid of any carpet in the unit. Also think about removing screen doors and adding doggy doors. Good exterior fencing will attract responsible pet owners. I feel that the little dogs do a lot of urine damage, so I'd rather have the mid size dogs. Meet, photograph, and pre-approve each dog. Do inspections and act on damage quickly. Charge a higher deposit and maybe even add $25/month extra for each dog.
If you have a different opinion or just something that you'd like to add, please feel free to leave a comment below.
This is not legal advice. Please contact an attorney for professional legal advice.
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