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Updated almost 6 years ago on . Most recent reply

User Stats

14
Posts
7
Votes
Daniel J Jackson
  • Rental Property Investor
  • Austin, TX
7
Votes |
14
Posts

Pets for more rent or no pets for less?

Daniel J Jackson
  • Rental Property Investor
  • Austin, TX
Posted

Hello all:

I just finished rehabbing one side of a duplex and have two great tenant candidates.

OPTION A: Will pay $1,250 and has no pets.  2 adults and 2 young kids.  Great all around.

OPTION B: Will pay $1,250 + $75/mo for the two pets (a gray house cat and a lab/retriever mix). 2 adults and 3 kids (one 2 week old baby).

Which would you choose?

I like the idea of additional income of $900/year, but of course worried the pets will cost me more than that?  I will also have a deposit on hand of $1,250 (one month), so that can also protect me against pet damage on move out.

I am inclined to go with the people with pets, but I just finished this remodel and it looks nice, so I might be having an emotional reaction to animals messing it up?

Floors are vinyl plank laminate throughout.  Baseboards were cheap and easy to replace. What else should I be worried about?  How hard is cat smell to eliminate?

Thanks.  Open to any feedback.

Daniel

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