Residential Property Management: Saying Yes or No to Pets

residential property management with petsThere are a few decisions to be made with residential property management. Finding just the right tenants for your property can sometimes be a difficult task. One question that many owners face is whether or not they should allow pets. Allowing pets can attract a wider group of potential tenants. There are a few risks that come with allowing pets, but there are also steps your property management team can take to minimize potential issues.

An Educated Decision

It’s important to take a survey of each property first. Determine what kind of pet is appropriate for each property. If you have a large yard with a fence, a dog will be safe and contained. However, if the property has a small outdoor area or a yard with no fence, allowing a cat may be a better option.

You’ll also want to consider the amount of carpet in the home or apartment. Obviously, tile and wood floors are better for removing evidence of the presence of pets, but claws can scratch some wood floors. Another important consideration should be the neighbors of your property. In an effort to be considerate to neighbors, you will want to make sure that a quiet environment is maintained.

Cover All The Bases

Including a pet policy and pet deposit in the rental agreement is essential for effective property management. The policy should outline the expectations of both parties and assign responsibility. Most commonly, this agreement gives the pet owner the responsibility for any costs that are related to the pet. You may want to place a limit on the number of pets allowed. Also, this agreement may include conditions that need to be met upon vacating the property such as a thorough cleaning of carpets and upholstery. You may want to consider taking pictures of the property before renters move in. If there is a dispute regarding whether or not damage occurred while the pet was occupying the property, these photos can be used for reference.

If you are feeling unsure about renting your property on your own, a property management company can assist you. A professional property management agency will have the skills and knowledge to help both owners and tenants meet their goals. That includes creating a rental agreement with a pet policy.

When it comes to property management on the Space Coast of Florida, look no further than All Brevard Property Management. If you’re in need of real estate or property management services in Brevard County, including Merritt Island, Rockledge, Melbourne, Suntree, Viera, Palm Bay, Satellite Beach, Indialantic and Melbourne Beach, we have you covered.