Pet Deposit or Monthly Pet Fee?

[Alysha Pederson]

Hello BP Team, 

My name is Alysha and I live in Littleton Colorado. I am curious if many of you prefer a pet deposit or prefer monthly payments. I have a 3bd 3ba single family. In either instance what is your price? Thank you  

Alysha

[Jill F.]

In Ohio, legislators passed a law a few years back that said you can't hold a deposit of more than one month's rent for more than 6 months without paying interest so we switched from pet deposits and monthly rent to non-refundable pet fees and monthly rent.

Now, to better deal with animals that are not pets and ESA fraud, I'm considering:
-eliminating monthly pet rent,
-increasing rent to include pets for everyone,
-increasing (my pretty low) non-refundable fees for pets,
-and specifying fines for problem tenant behaviors including failure to control animals, failure to pick up animal waste, and permitting nuisance barking.
-more strictly enforcing animal record requirements
-more strictly enforcing renter's insurance requirements

The law of unintended consequences always applies...