Auckland Rental Properties that Accept Pets are Always in Hot Demand

When looking for a rental property, it can be difficult to find a property that allows you to move in with your pets.  Nationally estimated figures for pet friendly rentals range from around 14% to 17%.  An astute landlord being open to pets can potentially increase demand for their property.  It can also provide an opportunity to secure responsible, committed and longer-term tenants.

Instead of ruling out all pet owners, we recommend working with your property manager.  Together you can establish fair, clear-cut rules and boundaries for pet-owning tenants. Only accept those tenants you feel are suitable for your rental property.

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Some important considerations:

  1. Review Your Rental Property.  Is it suitable for pets and what type? Do you have a fully fenced property? Do you have pet doors? Will the home suit inside pets only, or can you cater for both inside/outside dogs and/or cats?
  2. Market Your Property for Pets.  Include selling points to attract great pet-owning tenants.  These can include a secure, fenced backyard, or the proximity of parks and dog walking areas.  Include any restrictions around accepting pets such as the number or type of pet you would consider.  Also mention whether the pet must be outside only.
  3. Know Your Restrictions.  You will need to know what body corporate or other regulations around pets may apply to your rental property.  Ensure you understand and meet any requirements before entering into a tenancy agreement.
  4. Check References.  Review and assess tenants and their pets.  Check tenant references and ask referees or past landlords about the pets.
  5. Meet the Pet if You Can.  Aim to meet the pet (especially dogs).  Ensure you are comfortable with how it interacts with the owner and other people.  If you are unsure of the breed, do your homework.  Every animal has different physical and emotional needs and idiosyncrasies.  Then ask yourself – will that particular breed be suitable for my home and grounds?
  6. Set the Ground Rules from the Start.  Most tenants with pets are very appreciative you are considering them.  Yet there still needs to be clear rules around what you will, or will not agree to.  These can include the number of animals, type/breed, name of the pet or pets, and whether they are to be inside or outside.  This information needs to be recorded clearly in the tenancy agreement.  It should be signed by both parties at the start of the tenancy.  Miss this step at your peril!
  7. Pet Photo.  Ask for a photo of the pet for your records.
  8. Photos Before the Tenancy.  It is vital you take good quality photos of the condition of the property and chattels before the tenancy starts. Follow this up with regular inspections and reports.  Address issues straight away as the bond may be inadequate to cover some types of damage.  This can include carpet replacement, repairs to walls, or damage to gardens and lawns.
  9. Four Week Bond.  Get a bond for the property (four weeks minimum).  At Quinovic Parnell we gain written commitment from pet owners at the start of the tenancy.  It is recorded in the tenancy agreement that at the end of the tenancy the tenants will cover various costs.  This includes the cost of deodorising the carpet/soft furnishings, flea treatments, and even a commercial clean.  Deducted from the bond at the end of the tenancy would be any damage the pet may have caused.
  10. Be Very Clear.  Remember – be very clear about what you are offering and agreeing to before the tenant moves in.  Record everything in a signed tenancy agreement.

We are professional and highly experienced residential property managers.  We can help you to make the correct decisions about tenants and their pets.  Right now we have many very responsible pet-owning tenants looking for pet-friendly properties.

Get in touch with Quinovic Parnell to discuss any aspect of renting your Auckland property to tenants with pets.  Call Quinovic Parnell today.

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Why do you want to rent out your residential property?”

Why do you want to rent out your residential property?”

You will have your own specific reasons for wanting to rent out your residential property.  It may be that you are a property investor, or you may just want to rent your family home while you’re overseas. Your motive could be to create a legacy for your family, a retirement “nest-egg”, a vehicle for financial leverage, or just to have your home looked after and costs recovered.

Whatever your motive, you will need to consider your property rental as a business. The first “rule of thumb” in any healthy business is to keep costs down. This can be achieved by reducing maintenance costs, minimizing vacancies and having no arrears of rent. Secondly, income must be maximised. Rentals should be received by you as soon as they are paid by tenants; your rents should be properly reviewed on a regular basis to ensure that a fair return is being achieved on the investment. This will have the effect of maximising your returns and cashflow. A third consideration for any successful business owner is accountability and reporting. You should have access to financial transactions online in the same way that you are able to access information from your bank or other financial institution. This speeds up the decision-making process. Fourthly, profitable businesses rely on reducing risks immediately. This is achieved by being able to access specialist advice at short notice e.g. on the Residential Tenancies Act or any other legal advice from professionals who are only a phone call away. Detailed photographs of the property, accurate lists of chattels and regular inspection reporting will resolve any problems which could arise between landlord and tenant. Prompt advertising of the property well in advance of the current tenants leaving ensures that the you don’t suffer from loss of rentals due to vacancies.

 At Quinovic Parnell we treat all of the properties that we manage as individual businesses and we strive to achieve all of the four criteria above to maximise your profits, and minimise your costs and risks. In addition, we ensure that your “business results” are communicated in a timely and accurate manner so that you will feel comfortable that your property investment business is being watched and monitored very carefully.

Call Quinovic Parnell today on 09 373 4353 or email enquiries@quinovic -parnell.co.nz

for a complimentary rental app raisal of your property.