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Today we have Anastasia with us from Hawaii Pacific Property Management to give you four good reasons why allowing pets in your rental properties may be best for your bottom line as a real estate investor. You might think we’re crazy, but canines really can improve your bottom line! Here are four reasons why.
It takes less time to find a renter
Tenants will stay longer
Tenants with pets are usually more responsible
Families with higher incomes own pets
Don’t forget that you can discriminate against what types of animals you want to allow! Not all furry friends are created equal when it comes to raising your bottom line and maintaining your property value.
You can also charge an additional month’s rent for a pet deposit. This is common practice to protect you against any potential damages caused by a pet.
Don’t forget to tune into our show every Saturday at 11am on AM830 KHVH! We’ll be sharing valuable information about the real estate market!