General Landlording & Rental Properties
Market News & Data
General Info
Real Estate Strategies

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal


Real Estate Classifieds
Reviews & Feedback
Updated almost 5 years ago on . Most recent reply

Dog in 2nd unit (Husky Breed)
Hello Everyone,
I have a client who is asking for some advice on a 3 family he just purchased. In particular, a tenant has asked her if she can can have a dog. It's a husky, and the tenant tells her that it is trained. My client isn't sure about having a pet, but she currently renovating 1 unit and staying afloat with rental income from the remaining 2 units.
She is asking on what her options are at this time, I wanted to get your thoughts on this matter and relay them back to her. Whether it's a pet deposit, increase in rent amount etc.
Thoughts?
Most Popular Reply

Raymond,
I personally allow pets in all of my properties and the ones I manage for others.
I prefer to charge a $25/month pet fee to generate additional income, however, in some cases we instead just charge an additional refundable pet deposit. In my experience, I have not had pet damage that goes beyond the initial security deposit (although I know others that have) so I prefer the extra income.
When you deny pets, I find people often try to sneak them or get an ESA letter and you end up with pets anyway.