Managing pet-friendly rentals in Phoenix can be a fantastic way to attract responsible tenants and boost your property value. Many landlords are now considering allowing pets to meet the growing demand from pet owners seeking comfortable, pet-friendly housing. However, opening your rental property to pets also comes with unique challenges.
Here are some smart landlord tips for managing pet-friendly rentals effectively while protecting your investment.
1. Set Clear Ground Rules for Pet Ownership
When you allow pets in your rental unit, it’s crucial to establish clear ground rules. A strong pet policy will outline the types of animals allowed, such as dogs, cats, or other animals, and may restrict certain dangerous breeds like pit bulls.
Be specific about the number of pets allowed and set conditions like requiring pets to be house-trained or well-behaved. This helps tenants understand what’s expected and prevents tenant challenges down the road.
2. Implement a Pet Agreement
A pet agreement is essential for managing pet-friendly rentals. This document outlines the responsibilities of pet owners and includes provisions like:
- Pets must have current vaccinations.
- Tenants are responsible for cleaning up messes caused by their pets in common areas.
- Liability coverage for potential damages caused by the pet is required.
Including a pet agreement in the lease protects both the landlord and the tenants while creating a clear framework for pet ownership in the rental property.
3. Charge Pet Fees, Pet Rent, and Deposits
Allowing pets can lead to potential damages, so charging pet fees and deposits is a smart move. Many landlords opt for the following:
- Specified Pet Deposit: A refundable deposit to cover potential damage caused by pets.
- Pet Fees: A one-time, non-refundable fee for allowing pets in the rental unit.
- Pet Rent: A monthly charge added to the tenant’s rent to account for the extra wear and tear on the property.
Always check local laws to ensure compliance when setting fees. Some areas may limit the total amount landlords can charge as a pet deposit or rent.
4. Screen Both Tenants and Pets
Screening potential tenants is critical, and when managing pet-friendly rentals, you’ll also need to screen their pets. Perform thorough background checks, including checking the tenant’s credit history and rental background. For pets, ask for:
- Proof of current vaccinations.
- Information about the pet’s breed, size, and age.
- References from previous landlords about the pet’s behavior.
This process helps you ensure the tenant and their pets are responsible and well-suited for your property.
5. Comply with Fair Housing Laws
Fair housing laws play a significant role when managing pet-friendly housing. While you can restrict pets in general, you cannot deny tenants with animals needed for disabilities, such as service animals or emotional support animals. These animals are not considered pets under the law. Be familiar with legal issues surrounding such animals to avoid discrimination claims.
6. Require Renters Insurance with Pet Liability Coverage
Encourage tenants to carry renters insurance with liability coverage for pet damage. This protects you from financial risks if the tenant’s pet causes harm to other tenants, visitors, or the property. Liability coverage should include protection against common issues like property damage or injuries caused by pets.
7. Conduct Regular Inspections
Regular inspections are vital to maintaining the condition of your rental property. Provide reasonable notice to tenants and look for signs of pet damage, such as scratches, odors, or excessive wear and tear. Address issues immediately to prevent further damage and ensure the property remains in good condition.
8. Address Tenant Challenges Quickly
Managing a rental property with pets allowed often involves balancing the needs of pet owners and other tenants. For instance, some tenants may file complaints about noise or cleanliness in common areas. Respond promptly and professionally to these concerns to maintain harmony among tenants. Clear rules, such as requiring pets to be on a leash in shared spaces, can help minimize conflicts.
9. Update Policies as Needed
Circumstances may require you to update your pet policy. For example, you might decide to add new rules about certain breeds or specify additional requirements like cages for certain animals. A grandfather clause can allow current tenants to follow the old rules while applying new policies to incoming tenants. Always provide notice before implementing changes and ensure compliance with local laws.
10. Work with a Professional Property Manager
Property management can become overwhelming, especially when managing pet-friendly rentals. A professional property manager can handle tasks like tenant screening, creating pet agreements, and managing complaints. Companies like ours at Stratton Vantage Property Management are experienced in creating successful pet-friendly housing while protecting your property value.
Protect Your Investment While Welcoming Pets
Allowing pets in your rental property can help attract potential tenants and increase income, but it requires careful management. From creating clear ground rules and pet agreements to addressing legal issues and tenant concerns, these smart landlord tips for managing pet-friendly rentals in Phoenix can help you protect your investment while keeping tenants happy.
If you’re ready to make your rental property pet-friendly, let us help you do it right. At Stratton Vantage Property Management, we specialize in creating solutions for landlords like you. Visit our Contact Us page to learn more about our property management services and how we can assist with managing pet-friendly housing.
Let’s create a thriving rental experience for you and your tenants—pets included!
