Allowing tenants with pets in your rental property can be a great opportunity for an astute landlord, as long as there are clear rules and boundaries up front.
Quinovic Property Management Parnell can help you to make the correct decisions for tenant and pet selection.
Some important considerations:
- Review your rental property and ensure what you are offering will be suitable for pets, and what type.
- Do you have a fully fenced property? Do you have pet doors? Do you live on a main road? Will the home suit inside pets only, or can you cater for both inside/outside dogs/cats?
- What are the regulations for your apartment, townhouse or investment home? Make sure you meet the requirements and know them before you enter into a tenancy agreement.
- Tenants and pets both need to be reviewed. Make sure you check the references of the tenant but also meet the pet (especially dogs) to ensure you are comfortable with how it interacts with the owner. If you are unsure of the breed of the animal, do your homework to ensure they will be suitable for your home.
- Most tenants with pets tend to be very grateful that you are considering them. They still need to be checked, and you need clear rules around what you will and will not agree to. You should record these clearly in the tenancy agreement and it should be signed by both parties at the start of the tenancy.
- Ask for a photo of the pet for your records, and a reference from someone who knows the animal.
- It is very important you have good property condition photos at the beginning of the tenancy, and you do regular inspections and reports to ensure you have robust records of any damage to the property, gardens, furniture etc. Address issues before tenants leave as the bond may be insufficient to cover damage to carpets or walls from an inside pet.
- Marketing of the property should include what you see are the selling points such as secure, fully fenced backyard. Highlight what would attract a tenant/pet owner, making sure you target what they could be looking for in the rental property.
- Be clear about what you are offering and agreeing to before the tenant moves in. Record everything in the tenancy agreement including number of animals, type, name and whether they are to be inside or outside. Do your homework!
- Get a bond for the property (four weeks minimum). At Quinovic Parnell we also ask for an additional pet surcharge. This is payable at the start of the tenancy and recorded in the tenancy agreement. This covers deodorising of carpets and soft furnishings, and a commercial clean of the property at the end of the tenancy. Further damage the pet may cause would need to come from the bond if necessary.
Follow the link below to get in touch with Quinovic Parnell about us managing your Auckland rental property: Quinovic Parnell