A wuff deal: Leasing to tenants with pets

A wuff deal: Leasing to tenants with pets

There’s an old saying in showbiz and property investment … never work with animals or children!

Many landlords have concerns about leasing to tenants with animals, as they are worried about wear and tear on their asset – perhaps as a result of a negative prior experience with pets in their investment property.

Despite their ‘bad rap’, people with pets can make excellent long-term tenants – as they are conscious of the relative difficulty of finding suitable rental properties with willing landlords.

Many pet-loving tenants now provide a comprehensive ‘pet resume’ along with their application, replete with references from previous property managers, landlords, neighbours, and vets.

Tenants with pets are also likely to take out longer leases (providing income stability and less moving wear-and-tear), and may pay competitive rent in order to secure a property for themselves and their furry companion.

By embracing tenants who take good care of their animals and have a track record of leasing excellence – you are widening your pool of prospective tenants to a group who truly care about both their pet and your property.

Consult with your property manager to see if your rental property may suit an attentive tenant and their pet.