Blog Utopia Management

Contact Utopia

Free Leasing
Affordable Rates
Discounts On Larger Portfolios
25+ years Experience
Your search results

Reasons why you should allow pets at your rental property

Are you on the fence about allowing pets at your Ventura Rental Property? If so, this article will provide you with five reasons why you want to allow pets to live in your home for rent.

Marketing to Pet Owners Will Widen Your Tenant Pool

Since many landlords don’t allow pets they are effectively shutting out a potentially huge pool of tenants that they could be renting to.

When you start allowing pets you’re going to open your rental property up to that pool of tenants and you also stand the chance of finding a better pool of renters than what you might normally find among your traditional pool of renters.

Why? Thanks to a recent survey we know that roughly 75% of renters have some type of furry friend and over 50% of those renters have claimed that they’ve had a problem with finding a furry friend so allowing pets in your rental means that you will potentially reach these people.

Increase Renewals Faster

Vacancy rates have been decreasing nationwide for years and this means that the rental market is also highly competitive.

If someone is a pet owner it’s even more difficult for them to find a great rental property in today’s market because the chances of them finding a pet-friendly rental during a competitive rental market are slim to none.

As an owner/landlord you can eliminate tenant turnover and keep your rental property profitable regardless of the state of the rental market if you choose to start allowing pets because those pet owners will be more inclined to renew their leases rather than looking for other rentals when their leases expire.

Thanks to a recent landlord survey by FIREPAW, Inc we know that tenants who are also pet owners have been found to be more likely to stay in their rental properties for 23 months compared to just an average of 15 months like most renters.

Make More Money From Your Rental Property

Besides renting to tenants who will be living in your rental property longer, another benefit that comes with renting to a pet owner is that you have the ability to charge a pet deposit and a monthly pet rent.

Most renters who are also pet owners expect to be charged a pet deposit and pet rent so you shouldn’t hesitate to charge these fees. Just make sure that they are comparable to what owners are charging locally.

Learn More

For more tips on marketing to pet contact, pet owners contact Utopia Property Management by contacting us at (800) 294-4656 or connect with us online.

Elly Johnson stands at the forefront of content research and online branding at Utopia Management. As the Content Marketing Manager, she delves deep into understanding local real estate and rental markets, fueled by her passion for travel and keen research skills. Elly is dedicated to empowering individuals with the knowledge they need to make informed decisions about where to reside. A proud alumna of the University of South Florida, located in the vibrant heart of Tampa Bay, she holds a Bachelor of Arts in Psychology. Her academic background and extensive travel experiences uniquely position her to provide insights that resonate with diverse audiences.

Leave a Reply

Your email address will not be published.

Let’s Talk


Fill out the form to request a free consultation

None of the authors, contributors, administrators or anyone else connected with Utopia Management, in any way possible, can be held responsible for your use of the information contained in or linked from these web pages.

Compare Listings