There are many reasons why San Antonio landlords should let renters keep dogs in their rental properties. Before deciding whether to allow animals, the majority of landlords consider advantages such as the ability to charge pet deposits and higher rent. Owners of single-family rental homes should be aware of certain unforeseen benefits of accepting pets. Here are the top 5 reasons to permit tenants to keep pets in your rental home.
Increased Property Values
Raising the value of your property is a hefty reason to allow tenants to have animals, According to studies, pet-friendly properties appreciate more quickly than properties that do not allow pets. Moreover, property purchasers frequently search for homes with pet-friendly features, such as pet doors, fenced-in yards, etc. A pet-friendly rental property may have a higher market value than it would have otherwise.
Shorter Vacancies
Additionally, allowing pets can increase the desirability of your property to potential tenants. A recent survey revealed that, in reality, more than half of all renters would be more inclined to rent from a landlord that allows animals. This suggests that permitting pets in your rental property will likely reduce the length of vacancy.
Fewer Repair and Maintenance Issues
Contrary to conventional belief, pet-owning tenants are less likely to cause property damage than those without pets. This is due to the fact that tenants with animals tend to be more responsible renters, to begin with. Many pet-owning tenants are likely to apply the same level of attention to the rental property as they do to their pets.
Increased Security
The possibility of increased security for your home is yet another convincing argument in favor of allowing tenants to keep pets. Studies have shown that homes with pets had reduced incidences of burglary and vandalism. This is most likely a result of the decreased likelihood of criminals targeting a residence when they are aware that a pet is present.
Improved Tenant Health
Lastly, allowing tenants to own pets can also be very beneficial to their overall well-being. Stress, blood pressure, and cholesterol levels have all been shown to decrease when people have pets. They can also serve as a means to encourage more exercise and interpersonal communication. All of these factors contribute to the fact that tenants with pets tend to be healthier than those without.
There are, as you can see, a lot of good arguments in favor of allowing tenants to keep pets in your rental home. The following list might have persuaded you to allow pets if you were on the fence about it. It will be valued by your tenants and property.
Would you like a professional’s advice on how to make your rental property pet-friendly? Contact your local Real Property Management office today!
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