After several years of diligently saving money, I’m nearly ready to purchase my first home. Because I’ve been thinking about buying a home for so long, I know exactly what I want my house to look like. I desire a place that has three bedrooms and three bathrooms. I also need a quiet space to set up my home office in. I want a massive, walk-in closet in my master bedroom. My master bathroom needs to have double vanities, a tiled, walk-in shower, and a Jacuzzi tub. On this blog, I hope you will discover how to set priorities during your new home search. Enjoy!
As a landlord, you can choose whether or not you will allow tenants to have pets in the units, and this is a big decision to make. If you decide that you will, there are a lot of different rules and guidelines you will need to set up to make this feasible and to protect yourself, and you might even benefit by consulting with a property management firm before you make any decisions. Here are some of the things you will need to think about if you decide to allow tenants to have pets.
Limitations on pets
Just because you decide to allow pets in your units does not mean that you must allow all pets. You will need to come up with guidelines relating to the types of pets you allow. Some landlords will allow caged animals only, for example, which may include birds, Guinea pigs, reptiles, and other types of rodents. Other landlords might allow other pets, such as cats and dogs, but there might be a limit on the types, sizes, and breeds. It is important to come up with a list of what types you allow, as well as all the rules, guidelines, and stipulations relating to pets.
The pros and cons of allowing pets
If you are trying to decide if you would allow pets or not, you should carefully weigh the pros and cons in this decision. One benefit of allowing pets is that you open up the potential to have more tenants apply for your units. More tenants applying may mean the opportunity to have better tenants. Another benefit is that you can charge more for rent. A third benefit is that you can reduce the potential for tenants bringing pets in that you do not know about.
The downsides to allowing pets include the potential for damage to your units and the possibility of the pets causing problems for other tenants. Pets can be messy, loud, and annoying, and some people do not like animals, and this could cause other tenants to want to move out.
The fees tenants must pay
If you decide to allow pets, you will need to set up a payment structure for this. This might include charging an extra security deposit as well as an extra fee per month.
Hiring a firm to help you make decisions like this or to take over some of your responsibilities is a great idea if you are a landlord and need some help or advice. You can learn more about these services by contacting rental property management services.