A lot of people who own Pittsburg rental property want to know if they should allow pets into their homes or if they should avoid them. There are a lot of pros and cons to discuss when it comes to welcoming pets into your rental property.
Pro-Pets: Resident Pool and Pricing
The most important positive in allowing pets is that you’ll get a larger pool of potential residents interested in your home. When pet owners have access to your property, you’ll get a larger selection of applicants and a bigger audience of people who want to see your property and lease it. Today, it seems like almost everyone has a cat or a dog or a hamster that they cherish. Pets are part of the family. So, it’s ultimately easier to rent out your home when you decide to allow pets.
Another benefit to allowing pets is additional revenue. You’ll have the ability to charge pet rent in addition to the rent your resident pays. People are very attached to their animals, and they’ll be willing to pay a little more to have them in the property. You can reap those benefits when you allow pets and charge a little bit more every month to cover the potential additional wear and tear.
Owners will often want to know if they can charge a pet deposit in addition to the security deposit when they allow pets. In Pennsylvania, the law says that we can only charge a security deposit that’s the equivalent of one month’s rent. So, we don’t typically charge an additional pet deposit because a deposit has to be returned to the residents. Instead, we charge the pet rent, which generates additional income for our owners every month.
No Pets: Potential for Damage
The main reason that property owners prefer to avoid pets is that there’s a potential for property damage. We have all heard the horror stories. We know that it’s possible pets will pee on the floors and scratch the carpet and chew up the baseboards. They can make messes.
Sometimes these things happen, but in general, pets are often well-trained and well-behaved. If your residents take care of their pets and the property, you won’t have any unnecessary damage. Most pets do not come with a bad experience.
However, there’s no guarantee. When you’re screening residents and deciding whether or not to accept a pet, you have to consider the animal’s breed, size, and weight. Consider the applicant as well. You’ll need to determine whether that applicant is a responsible pet owner who can care for the animal.
Service and Support Animals
Another hot topic is the rise of service animals and emotional support therapy animals. These are animals that are coming into the property to help the resident perform daily tasks or help them emotionally through their daily lives. If a resident has a service or support animal, we cannot discriminate against those animals, even if there’s a strict no-pet policy in place.
To protect your property, we will always ensure the appropriate documentation and supporting medical notes are in place to verify it’s a service animal or an emotional support animal. We don’t want residents to try and skirt the rules.
Whether you choose to allow pets or not, we have policies, procedures, and documents that ensure we are compliant with the laws. We’ll charge your residents an appropriate amount for the added benefit of moving in with their pets, and make sure your property is protected. If you have any questions about pets or anything pertaining to your Pittsburg rental property, please contact us at Arbors Management.