Why Permitting Pets is Positive for Property Management in OKC

If you are considering allowing pets in your rentals, you may be unsure of whether it is a fiscally responsible move. Some landlords have had adverse experiences when allowing pets because of negligent owners and untrained creatures doing wrong to their homes. However, with the proper preparation, allowing pets in your rentals can actually be extremely profitable for landlords and rental management companies in Oklahoma Cityalike.Here are a few of the ways that allowing pets can actually make your property more financially sound.

• Charging pet rent.Some landlords and property management in OKC are allowed to charge a small fee for pets every month. Even an extra $20 per rental can begin to add up quickly.

 

• Charging a non-refundable cleaning fee. Many pet-friendly landlords do not find that their homes experience more than the average wear and tear that they experience in pet-free homes. For peace of mind,many adjust their pet policies accordingly to offset this fear. Some include a fee of less than $300 for a total cleaning of the rental once the owner and their pet have vacated.

 

• Fewer vacancies.Pet owners tend to stay in their homes longer, especially owners of large breed dogs, simply because it is harder to find a rental that allows them.

 

• More interest.Many pet-friendly properties end up creating waiting lists because of the amount of interest pet-owners show in them. Some once-distressed properties are more in demand than their owners could have previously imagined within a year of going pet-friendly.