Property Management – Tarzana
Tarzana Property Management
Chatsworth, Canoga Park
Winnetka
The Pros and Cons of Making your Community “Pet-Friendly”
There are all sorts of policies out there when it comes to renting to people with pets. Some properties adopt a hard line stance: no pets of any kind. Some properties only allow pets that are in cages or aquariums. Some allow pets up to and including cats, but no dogs. Some allow dogs, but impose a weight limit on the little fellas. Properties that allow Great Danes and Russian Wolfhounds are rare, but are out there. Expect a hefty pet deposit, though.
So with nearly 75% of renters reporting that they own one or more pets, is it to your advantage to employ a pet-friendly policy? That all depends. With that many pet owners out there, it’s certainly where the money is, but that added revenue could easily be lost in damages and non-pet owners deciding not to re-up. Here are a few things to consider when it comes to rentals and pets.
Pros
Having a pet-friendly policy can mean fewer vacancies. Some families treat their pets as full-fledged members of the family, and would sooner live on the street with pet in tow than live someplace that forced them to give the pet up. By advertising a pet-friendly policy, your property can be a shining beacon to those who are finding NO DOGS ALLOWED signs everywhere else they look. And they’ll likely spread the word to other pet owners who are looking.
More pets can equal a better community. It’s no secret that for a lot of folks, pet ownership equals happiness. If you’ve got happy residents, you’ll have a happy property. Everyone wants a happy property. Also, there’s a greater likelihood that residents will bond because of their pets, meaning a closer-knit community as well.
Cons
Pets can be annoying or downright destructive. Some dogs head straight for the bed when their owner leaves and sleep until they come home, but some dogs will bark all day, ceaselessly, which can be a real headache for neighbors. Some cats only use the scratching post, and some prefer the unit’s lovely wall-to-wall carpeting. Even an unstable fish tank that takes a tumble can cause hundreds or even thousands of dollars’ worth of damage. Be sure to have a pet deposit in place, and make owners aware of excessive noise
Added by Pilera
Carnahan Property Management services Woodland Hills,West Hills, Calabasas, Canoga Park, Tarzana, Reseda, Topanga, Encino, Northridge, Van Nuys,North Hills,Chatsworth, Sherman Oaks, Studio City, North Hollywood, West Hollywood, San Fernando, Granada Hills, Mission Hills, Simi Valley, West Lake Village, Agoura,Toluca Lake, Valley Village, Burbank