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Updated almost 6 years ago,

User Stats

36
Posts
9
Votes
Micah Watson
  • Rental Property Investor
  • Greenville, MI
9
Votes |
36
Posts

My Tenant is asking how much $$ for dog #3

Micah Watson
  • Rental Property Investor
  • Greenville, MI
Posted

Hello,

My tenants(husband and wife) have been model tenants for 8 months now.

-They get a $50 discount for rent paid on or before the first of the month. They have only missed out on this discount one time because they were one day late. In fact, she sends me a screen shot of her online payment every time.

-She lets us know when she plans to have a house party.

-They never complain and they offer to do minor things like change their furnace filter and put weatherstripping around their doors(it's a SFH).

-I performed a walk-through of the house to mark the 6 month mark and the place is immaculate. They are very clean.

I advertised “pets negotiable” because i believe:

1) Pets are a very common member of stable families and vetting the pet is as possible as vetting the tenants

2) As Michael Swan said in episode #238, kids can do more damage than pets and you can charge per pet(try charging per kid!)

3) In my market, it gives me an advantage over many other rentals

I selected them knowing they had two dogs. After vetting the pets(saw their current living conditions, met the pets, etc), I charged them only $50/pet. As it is, I'm charging $949(after early payment discount) for a 2bd/1bath SFR in a small town. I didn't want to push it with high pet rent.

My question is what would you do when this same tenant asks “What would you charge for a third dog? We are house sitting a 6 wk/old black lab for my nephew while the army relocates his family, and he may not be able to take back the puppy.”

1) The fact that she is already house sitting a third dog seems like a red flag. She didn’t notify me

2) I don’t love the idea of a third dog, but this tenant has been a breeze. I already know the first two dogs aren’t an issue.

3) I’m coming up on the end of the lease, so worst case, dog is only in there until May. Best case, I get to keep these great tenants another year after checking on them at the next lease signing.

Thanks in advance for the input!

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