My philosophy is that by allowing pets, you will open your doors to more renters. We don’t like taking in new puppies or kittens, but if you have a tenant with good references who has lived responsibly in properties with a pet, you might want to consider accepting the tenant and the pet.
There are positive aspects to allowing pets, beyond the greater pool of renters. Most tenants with pets stay in the property longer because they will not want to find another rental. These tenants are also happier on average because pets relieve stress. Also, as we mentioned, you will get extra income from the pet rent.
Remember that assistance animals are different from pets. They have legal protections. If a physical or mental disability requires a tenant to have an animal, you have to allow it. If you have any questions about our pet policy at Fox, or you would like more information for your own investment property, please contact us at Fox Management, and we’d be happy to help you.