Previously known as Sweyer Property Management – New Name, Same Service. Previously known as Sweyer Property Management – New Name, Same Service. Previously known as Sweyer Property Management – New Name, Same Service. Previously known as Sweyer Property Management – New Name, Same Service.

Should You Allow Pets in Your Rental Property? Here's What to Consider

Should You Allow Pets in Your Rental Property? Here's What to Consider

One thing that property owners must make a decision on for their rental property is whether or not to allow pets. Many landlords grapple with this question, concerned about potential damage and disturbances. However, embracing pet-friendly policies could be beneficial for both property owners and tenants. Here’s why!

The Pet Population

The National Association of Realtors reports that more households have pets than children. According to a 2022 survey, 70% of renters have pets. This statistic is a significant consideration for property owners. By not accepting pets, you are potentially excluding 70% of the tenant pool. This decision could lead to longer vacancy periods, which translates to lost income. Embracing pet-friendly policies can make your property more appealing and reduce the time it sits empty.

Protecting Owners

Understandably, many owners are concerned about potential pet damage. To address these worries, we have implemented a robust protection program. Our "Pet Damage Guarantee" ensures that any property damage caused by a pet is covered up to $3000, which is beyond the tenant’s security deposit. We are confident in our tenant selection process and the third-party screening company we use for pet screening. Additionally, our bi-annual property inspections allow us to monitor the condition of both the property and the pets, ensuring any issues are promptly addressed.

Legal Considerations

It's essential to differentiate between regular pets and service animals or emotional support animals (ESA). Service animals and ESAs are not considered pets and cannot be restricted by landlords. By law, these animals must be allowed on any property, regardless of pet policies. This means that even if you decide to maintain a "no pet" property, you must accommodate tenants with service animals. Being aware of and compliant with these regulations is crucial for avoiding legal complications and ensuring fair treatment of all tenants.

Allowing pets in your rental property can significantly expand your tenant pool and reduce vacancy periods. While concerns about damage are valid, our comprehensive protection programs and thorough screening processes offer peace of mind. 

Interested in learning more about how to manage your rental property effectively? 

Contact us today and let’s discuss how we can help you maximize your rental income while keeping your property safe.

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