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Updated almost 5 years ago,
First property under contract, pets?
Just want to say thanks to this community. I've been lurking for a while, reading, and trying to understand what it takes to make moves in this space. I'm currently under contract on my first rental property. 2 bed 1.5 bath townhome in a pretty good location near local medical center. Low end market rent gives me ~10% CoC ROI and what I'm going to list for makes that around 14%.
The only question I have relates to pets. I've been led to believe that allowing pets commands higher rent. Maybe even $100/mo in this market. Is it worth it, in your experience
Thanks for replies and all the advice I borrowed over last year and half.