Pet Rent

[Jason Hartman]

I love pets but have yet to see them improve the value of my properties. Are you charging "pet rent" on your rentals? I'm pretty easy going about accepting pets but try to charge $25-$40 per month for each pet. In some areas of the country, this works fine but in other areas my property managers act like it's a wacky idea. Virtually all institutional landlords are getting pet rent nowadays so it's becoming the norm. What is your experience? Thanks.