Do you accept tenants with pets? Benefits, challenges and tips for landlords        
The demand for pet-friendly rentals is steadily increasing. More and more people are considering their pets as part of their family, and are looking for housing that welcomes them. As a landlord, you may have questions about the benefits and challenges of renting to people with pets. Below, we'll explore the pros, cons and some helpful tips to make this decision a successful experience for both parties.

1.Benefits of accepting tenants with pets     

Increased demand and stability

Accepting tenants with pets broadens your pool of potential tenants, as many people are willing to pay a little more or sign longer leases to secure a pet-friendly place. This can translate into less turnover, which ultimately generates stability in your income.

More committed tenants

Those looking for a pet-friendly home tend to be more careful and responsible. They tend to value the opportunity and take better care of the property to maintain a good relationship with the landlord.

2. Challenges of accepting tenants with pets   

Potential property damage

While many pet owners are responsible, some pets can damage floors, doors and walls, which represents an additional cost in maintenance. However, this risk can be managed with a good lease and proper tenant selection.

Hygiene and cleanliness

Some pets may generate odors or leave excess hair. This is not a problem if tenants are careful, but precautions should be taken to ensure that the property is kept in good condition.

3. Tips for pet owners 

Create a clear lease

It is essential that the lease specifies pet policies. Consider including clauses on:

Number, size or type of pets allowed.
Tenant's responsibility to repair damages caused by the pet.
Coexistence rules (noise, cleanliness in common areas, etc.).

Ask for references and background of the pet

Just as you request references from the tenant, you can also ask for a “pet profile”, including aspects such as age, size, behavior and, if possible, references from neighbors or previous owners. This will help you better assess the pet's risk and compatibility with your property.

Establish a pet deposit or rent adjustment.

Depending on local laws, you may ask for an extra pet deposit to cover possible damages or additional cleaning costs. Another option is to adjust a small percentage in the monthly rent, always with clarity in the contract.

Conduct periodic inspections

If possible and with prior notice, perform regular inspections of the property to make sure it is kept in good condition. This practice can help you detect problems early and resolve them before they become a major expense.

4. When is it NOT advisable to accept pets?

If you have a property with luxury finishes or materials that could easily be damaged or if the property is in a building with very strict pet regulations, accepting tenants with pets may not be the best option.

Conclusion

Accepting tenants with pets can be a beneficial decision for both the landlord and the tenants. By opening your property to tenants with pets, you are broadening the pool of interested people and increasing the chances of finding committed and stable tenants. With a clear contract, specific rules and proper screening, this policy can become a competitive advantage in the rental market.

Ultimately, each landlord must decide if they are willing to accept pets and, if so, how to best handle this aspect. We hope these tips will help you make the decision that best suits your needs and those of your future tenants!