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Updated over 7 years ago on . Most recent reply

User Stats

83
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12
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Kyle Evans
  • Flipper/Rehabber
  • Naperville, IL
12
Votes |
83
Posts

Pet deposit question

Kyle Evans
  • Flipper/Rehabber
  • Naperville, IL
Posted

Hey everyone just a quick question for you guys. 

My tenant is going to be renewing their lease here in the next 2 months. They were charged a non-refundable pet deposit at the start of the lease. Now that they're renewing should I charge them the pet fee again or is that only to be done at the beginning of the lease? 

Thank you,

Kyle

Most Popular Reply

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10,206
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4,938
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Andrew Syrios
  • Residential Real Estate Investor
  • Kansas City, MO
4,938
Votes |
10,206
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Andrew Syrios
  • Residential Real Estate Investor
  • Kansas City, MO
ModeratorReplied

Just once, so no new pet deposit unless it's a new pet. But I would recommend charging pet rent (something like $25/month) for tenants with pets going forward.

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