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Are Tenants with Pets Bad Tenants to Have?

November 15th, 2013.

Topics: Landlord Advice
There is a general opinion amongst investors that tenants with pets are less desirable than tenants without pets.

Most investors would be surprised to learn that tenants with pets are typically better to have at a property than those without (subject to the tenant being suitably screened and pet references gained).  Other matters such as desexing are also ideal.  If the pet is a dog, will it be housed outside?  Is the pet regularly treated for fleas?  These factors must be considered.

So, why are tenants with pets desirable?  Many pet owners display a high sense of responsibility, are generally appreciative of the fact they have a property that is pet friendly and are more inclined to stay longer term because finding a pet friendly property is a
 
hassle. It is good when advertising a property for rent to put down that pets are negotiable, this way you will get a lot more enquiry about your property and have more to choose from. 

Only certain types of houses will be appropriate for pets like dogs, for example you wouldn’t put a dog into a house that had brand new carpet or wooden floors. But generally speaking turning away a good tenant because they have a cat could cost you a lot more in the long run. So it is matter of weighing up the risk versus the gain.

The key in ensuring the property does not get damaged by a pet, is simply ensuring you reference check the pet correctly at the time the application is received and making sure you take a full 4 weeks bond.

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