There seems to have been a time during the 80’s and 90’s where finding a rental or hotel room that allowed pets was very difficult.  Bottom line, pets’ can cause property damage.  And, with over 4.7 million dog bites a year, pets can also be a liability.

However, fast forward to the last decade and there seems to be a shift in that attitude, businesses are starting to cater to the moms and dads of these furry children.  And why not? According to the American Pet Products Association’s (APPA) National Pet Owners Survey, Americans now own over 83 million dogs and 95 million cats. That translates into nearly 50 percent of homeowners or renters owning at least one dog and more than 45 percent owning at least one cat. By not renting to pet owners, you’re missing out on many potential customers.

So let’s look at the benefits and the disadvantages of renting to tenants with pets.

The Benefits

  • Larger pool of tenants to choose from
  • Additional income from extra deposits
  • Longer tenancy
  • Happier Tenants

When these fur babies are allowed in a rental, pet lovers are willing to pay extra for the accommodations, so that can increase revenue for you as well. And statistics show, pet owners tend to stay in a rental longer, rather than search for other pet friendly options. And let’s face it, animals reduce stress, and having a pet around can make your property feel more like a home.

The Disadvantages

  • Liability
  • Disturbing neighbors
  • Damages to carpets and floors 

So, making the benefits outweigh the disadvantages is the key to your ‘pet friendly’ success.

Know the Liabilities:  According to Nolo’s legal encyclopedia, the landlord can only be held responsible if he knows the pet is vicious, and does not have it removed. So, knowing your tenants, and keeping a watch on your property can be a great benefit to keeping a handle on liabilities for your property.

Prevent Disturbances:  A pet is only as good as its owner; make sure to always check references of the tenants last landlords when you can.

Control Damages: During a tenants stay, floors and carpets can be destroyed by organic matter, mostly pet urine.  By educating renters and cleaning staff, most damages can be brought to a minimum with the correct product usage. Having the proper pet odor eliminator or pet odor neutralizer makes all the differnce.

For example, due to the uric acid component of cat urine, cat pee has a half-life of six years!   Most cleaners can temporarily make the smell go away, but the only thing that will break down the uric acid and permanently remove the issue is an enzymatic. 

This is one of Neutron Industries areas of expertise! We have an assortment of enzymatic products for all the cleaning and odor control issues apartment complexes face.

Basically, learning ways to lessen the disadvantages of renting to pet owners, can really give you the leg up, (no pun intended) on higher profits!