"The only dog that loves you more than you love yourself is a dog on the earth." - Josh Billing
I got a phone call from my fellow investor / friend last week. She had a tenant who lived in a rented house and the tenant said that his girlfriend and dog wanted to move with him.
My friend knew that her tenants were on the verge of being struggling to make monthly payments. Having a girlfriend there was a financially good idea. Of course, girlfriends may sign a lease contract in case one of them goes out.
How about a carpet?
To close up my friend, recently she recently put a new carpet at home and sometimes do not want to put a pet there is the possibility of destroying the carpet. Her question to me, did she need to allow the dog?
My answer was trying to stay a dog, but to charge a fee of $ 20 pet per month, the reasons are as follows.
1. Not all rental properties allow pets so more tenants can attract you so much that you can stay in the area of your pet. And, as many people keep pets, they earn more rewards. The more happy the tenant, the longer he will stay.
2. Tenants benefit from taking pets as pets, but pets are not permitted for all rentals. Therefore, from that point of view, tenants have no reason to be upset with a monthly small fee for pets.
3. If the pet carries carpet number 1 or number 2, the landlord is still pays a one month rent deposit to repair the carpet. When the tenant goes out, the landlord is still covered.
Victory for both tenant and landlord
In my scenario, the tenant receives the gains of the girlfriend's movement and the psychological benefit of having a pet. Landlords receive a small benefit of a small additional amount. Everyone is happy.
Watch out for Cujo
The only other consideration is to make sure that the dog is not Cujo (a lighthill dog from Steven King's story). I will not allow dog breeds that are known to be aggressive. Otherwise, when a dog comes out of the garden, the landlord may fall into a liability problem.
