Renting to Pet Owners: What Rental Providers Need to Know
Let’s face it—pets are part of the family. These days, renting to pet owners isn’t just a trend, it’s practically a must. But if the thought of fur, paws, and potential “accidents” gives you pause, don’t worry! We’re here to break it down for you. Renting to renters with pets doesn’t have to be tricky—and who knows, you might just become the hero of some grateful fur-parent!
Why Embrace the Paw-sibility?
1. Your Tenant Pool Just Got Bigger (and Fluffier)
Pet-friendly rentals are like gold for renters with pets—seriously, they’re rare. Open your doors to animals, and you’ll probably have a line of eager applicants faster than you can say “fetch.”
2. You Can Fetch More Rent
(Okay, no more dog puns. We promise. Maybe.) But seriously, pet owners are often willing to pay a little extra for a place that says “Yes” to their four-legged friends. A small bump in rent or a pet fee can cover the extra upkeep while keeping everyone happy.
3. Pets = Happier Renters = Longer Leases
Let’s be real—moving with pets is no walk in the park. Renters with pets are more likely to stick around longer if they find a place that loves Fido as much as they do. Longer leases mean fewer turnover headaches for you. Win-win!
The Not-So-Fun (But Totally Important) Stuff
1. Know the Law—It’s Not Just a Dog Eat Dog World
In Victoria, renters can request permission to keep pets, and you’ll need a good reason to say no. Familiarise yourself with the regulations so you don’t end up chasing your tail (last pun, we swear!).
2. The Lease: Where You Get to Be the Pack Leader
It’s all about setting boundaries, people! Make sure your lease clearly states the rules around pets. Whether it’s breed restrictions, noise levels, or even keeping the backyard from turning into a digging zone, having these terms upfront will save a lot of headaches.
3. Pet Fees Without the Fleas
While a specific “pet deposit” isn’t allowed in Victoria, you can adjust the rent slightly to cover any potential pet-induced wear and tear. Just make sure you’re transparent about any extra costs to avoid a ruff conversation later.
4. Furball Damage Control
Pets are adorable, but let’s not forget that they sometimes see your rental as their personal chew toy. Be smart—screen the pets (yes, really) like you would renters. Ask for pet references, check vet records, and make sure you’re not signing up for any surprises. (Because you’ve probably got enough on your plate without adding unexpected ‘presents’ to the mix.)
5. Insurance: Because Scratches Happen
Not all landlord insurance policies cover pet-related shenanigans. Double-check your coverage to ensure you’re protected from any mishaps, be it a scratched floor, a chewed-up doorframe, or that Great Dane who thinks he’s a lapdog.
Pro Tips for Happy Renting (And Even Happier Pets)
1. Set Clear Rules from Day One
Let renters know exactly what’s expected when it comes to pet care. Whether it’s rules around barking, cleaning, or keeping the garden from looking like a lunar landscape, clear guidelines can keep things running smoothly.
2. Regular Check-Ins: Not Just for Treat Time
Schedule inspections to make sure everything’s in top shape. It’s a great way to stay on top of any issues before they get out of hand. Plus, it gives you a chance to meet the star of the show—because let’s be honest, you’ll want to see the cute little face responsible for all the fuss.
3. Consider Pet-Friendly Add-Ons
Want to win some serious tenant loyalty points? If your property has a yard, invest in secure fencing or maybe a pet door. These little extras go a long way in attracting top-tier renters with pets who’ll appreciate the thoughtful touch.
4. The Pet Profile—Because Furry Friends Deserve a Bio Too
Ask your renters for a pet profile. Yes, it’s a thing. It’ll give you the rundown on the pet’s breed, age, temperament, and even vet records. This not only helps with peace of mind, but also lets you know that their pets are well cared for and won’t be a source of trouble.
The Bottom Line
Opening your property to pets can be a smart move when handled right. With a bit of prep, clear communication, and maybe a cute little paw print on the lease (just kidding!), you can welcome responsible pet owners while keeping your investment safe and sound.
At Amity Property Group, we’ve seen it all—from cats to cockatoos—and we know how to help you navigate the world of renting to pet owners. Whether you’re excited or apprehensive about adding pets to the mix, we’re here to ensure the process is smooth and stress-free. Reach out to us today and let’s chat about how we can make your rental property a hit with renters—both human and furry!
28 August 2024 News