Pets in Colorado

[Elizabeth B.]

I personally love animals, but am hesitant to allow them in my future rentals because of damages, liability, noise, etc...   I also hesitate NOT to allow animals because it feels like everyone and their brother has an animal in CO and pet rent is a nice bonus to the bottom line.  I feel like I'd be alienating a large pool of prospective tenants if I don't allow cats and dogs.  I've kicked around limiting the size of the animal to under 35 lbs, partially because I personally feel bad for large animals stuck in small units without running space.  My husband is very allergic to cats and I worry that since he'll be doing a lot of the maintenance that this will negatively impact his health (I should also mention we would be house hacking a MFH in metro Denver).  CO landlords-- What has been your experience with renting to tenants with pets?  In addition to pet rent, do you have any additional clauses in the lease regarding pets?  What is considered a reasonable pet rent? Anything else pet related you would like to share, feel free!

[Travis Sperr]

I allow pets (dogs) in my rentals (12 rentals - 1 or 2 actually have dogs) with a pet fee, not deposit and additional monthly rent for the pet. It does allow a larger renter pool and more money to the bottom line, but it is hit and miss on if the pets do more damage than additional income collected. I don't live next door to any of my tenants nor do I do any of the maintenance. In house hack situation you likely want to choose what works best for you because of your proximity. Also the local rental market is so strong I do feel you will do fine not allowing pets.

Good Luck!