Have You Considered Being Pet Friendly?
If your property is up for rent, here’s something to consider. Pet friendly properties generally rent faster! By making your property pet-friendly, you end up with a larger pool of prospective tenants to choose from.
Tenants with pets want to hold longer leases and when it comes to paying more rent, research suggests that renters are prepared to pay 7% to 14% more to bring their beloved pet along.
Animals can help reduce stress. Studies show that interactions with therapy animals can decrease stress in humans. Having a pet around can make your property feel more like a home for the tenant.
Image via barrettpm.com
How We Protect Your Property
To ensure your property is a well-managed pet-friendly rental property, our thorough Pet Annexure has specific guidelines for your tenant to follow. Our very detailed rental reference checks ensure we recommend a responsible pet owner, and regular routine inspections will keep a close eye on the property.
I can whole heartily say in my sixteen year career, I have only seen very minimal damage to a property by a pet, which was quickly and easily rectified at tenant cost.
Whilst we are on the subject of pets in rental properties, EBM landlord insurance has recently updated their policy and they are excited to announce a host of new policy features being introduced on 1st February.
EBM Insurance Policy for Pets
Pet Damage – Up to $65,000
Accidental Damage Limit of two excesses
Malicious Damage No depreciation “New for old” replacement with an increased limit of $65,000 and only one excess applicable.
I believe landlord insurance is always worthwhile. An investment property is a really valuable asset, so it’s important to protect it. If you would like to know more about the level of cover with EBM landlord insurance please visit their website www.rentcover.com.au or feel free to contact me.
Also, we have revamped our maintenance plan for tenants, click here to check it out.