Should landlords allow pets in their rental properties? While there are both benefits and drawbacks to Palm Springs real estate investors when it comes to allowing pets, many property owners often debate this question.
A Palm Springs property management company can advise real estate investors about many things, including whether allowing pets is right for them. Today, let's look at some of the pros and cons of allowing pets in your rental properties.
Before we get to pets, a property owner needs to understand that there are some animals you can't say "no" to. It's not just because of their cute little face, either. When property owners reject service animals, they could face an uphill legal battle and violate the Americans with Disabilities Act (ADA).
An investor can avoid allegations of discrimination by learning about service animals and when a renter can request a reasonable accommodation. Work with a property manager to follow these guidelines:
Is there a difference in these rules regarding emotional support animals? While they are not explicitly trained to do a task for their owner, they have some protections under the ADA. If you have more questions about service animals, emotional support animals, or the ADA, get with a property management company to comply with the laws.
Before you say no to pets, make sure you have all the information. There are several advantages of having pets in rentals, including:
Offering pet-friendly properties is a great way to boost returns, but it does come with a few drawbacks to consider.
What should property owners keep in mind when allowing renters to have pets? Work with a property manager to protect your investments from challenges, including:
Most property owners find that the benefits of pet-friendly properties far outweigh the drawbacks!
To protect your investment, work with a property manager to add a pet addendum to the lease agreement. This document spells out the rules the tenant must follow to have a pet in the property. As with your tenant screening services, rental property owners can ask questions about the pet's breed and size to ensure the pet is right for your rental unit.
Property managers recommend including these details in a pet addendum:
Make sure renters also understand the process for requesting a pet, and conduct routine inspections to keep an eye out for unauthorized pets in your properties!
If you've wondered, "what does a property manager do," managing renters and pets is one of their best property management services! Property management companies can help you determine if pet-friendly properties are right for you and your goals.
McLean Company is here to help you weigh the benefits and challenges of allowing pets in rental properties. If you're considering it, reach out soon to talk!