Pet Reg vs Deposit
Click here for Top Ten Discussions. CLICK HERE for Q & A Homepage
Receive Free Rental Owner Updates Email:  
MrLandlord Q & A
     
     
Pet Reg vs Deposit (by kkezir [KS]) Nov 25, 2024 1:44 PM
       Pet Reg vs Deposit (by Richard [MI]) Nov 25, 2024 2:16 PM
       Pet Reg vs Deposit (by plenty [MO]) Nov 25, 2024 2:25 PM
       Pet Reg vs Deposit (by plenty [MO]) Nov 25, 2024 2:26 PM
       Pet Reg vs Deposit (by Ken [NY]) Nov 25, 2024 3:00 PM
       Pet Reg vs Deposit (by S i d [MO]) Nov 25, 2024 3:51 PM
       Pet Reg vs Deposit (by Sisco [MO]) Nov 25, 2024 3:54 PM
       Pet Reg vs Deposit (by DJ [VA]) Nov 25, 2024 4:38 PM
       Pet Reg vs Deposit (by zero [IN]) Nov 25, 2024 5:08 PM
       Pet Reg vs Deposit (by BRAD 20,000 [IN]) Nov 26, 2024 12:55 AM
       Pet Reg vs Deposit (by Ray-N-Pa [PA]) Nov 26, 2024 7:37 AM
       Pet Reg vs Deposit (by kkezir [KS]) Nov 26, 2024 7:52 AM
       Pet Reg vs Deposit (by BRAD 20,000 [IN]) Nov 26, 2024 6:50 PM

Click here to reply to this discussion.
Click Here to send this discussion to a friend

Pet Reg vs Deposit (by kkezir [KS]) Posted on: Nov 25, 2024 1:44 PM
Message:

Curious what everyone else does.

We currently charge 1/2 months rent as pet deposit (max allowed for KS) and $20/pet per month pet rent with a 2 pet max and no aggressive dog breeds allowed due to insurance.

I am thinking about changing to a pet registration fee of $300 for the 1st pet and an additional $100 for the 2nd pet with still having a 2 pet max and still keeping the $20/pet per month pet rent.

Our rent ranges are 2br 725-850 and 3br/3+br 850-1250

What do you guys do? Thoughts? --165.201.xxx.xxx




Pet Reg vs Deposit (by Richard [MI]) Posted on: Nov 25, 2024 2:16 PM
Message:

Are your units A, B or C level? Apartment units or houses? --75.7.xx.xx




Pet Reg vs Deposit (by plenty [MO]) Posted on: Nov 25, 2024 2:25 PM
Message:

Change: aggressive dog breeds

To: aggressive animals

--172.59.xxx.xx




Pet Reg vs Deposit (by plenty [MO]) Posted on: Nov 25, 2024 2:26 PM
Message:

Do you want pets? $300 fine. $100 fine. I'd up the monthly pet rent to $40 or $50 if I didn't want pets but $20 is too low. --172.59.xxx.xx




Pet Reg vs Deposit (by Ken [NY]) Posted on: Nov 25, 2024 3:00 PM
Message:

I start the rent as high as i can and allow them a couple pets,then i dont have to hear about ESA or the tenant trying to hide pets --208.115.xxx.xxx




Pet Reg vs Deposit (by S i d [MO]) Posted on: Nov 25, 2024 3:51 PM
Message:

$150 up front animal registration fee per critter, which is non-refundable. $25 per critter added to the rent. I do not break it out as a separate charge: it's just part of the rent. Probably going up to $35 in 2025. I hear the big boy apartments are charging $40, so I'll still be "cheap" by comparison! --184.4.xx.xx




Pet Reg vs Deposit (by Sisco [MO]) Posted on: Nov 25, 2024 3:54 PM
Message:

$150 non refundable animal registration fee, $35 monthly animal fee. I have been at these rates for 10 years and I should increase them.

As for deposits, my advice is that you should screen with the question of how Ashly can I collect for damages. Also, a key to success is the in home inspection of the applicant current residence. It must be clean and odor free. --149.76.xxx.x




Pet Reg vs Deposit (by DJ [VA]) Posted on: Nov 25, 2024 4:38 PM
Message:

I can't get over a 3BR for $850! Wow! --72.218.xx.xxx




Pet Reg vs Deposit (by zero [IN]) Posted on: Nov 25, 2024 5:08 PM
Message:

I charge $100 animal registration fee per animal. Then I charge $25/mo per animal as additional rents.

When I have my annual increases I do 3% of the total rents due.

But I have just started getting my 2/1 apartments into the $750 range, some of which I pay water on. --107.147.xx.xx




Pet Reg vs Deposit (by BRAD 20,000 [IN]) Posted on: Nov 26, 2024 12:55 AM
Message:

kkezir,

First, stop calling it a DEPOSIT. These must be returned. In court my res owed $2000 in rent and repairs but none we damage by the dog. Judge ordered I write the deadbeat res a check to return his DEPOSIT.

**Find what people ant and let them pay you for it**

These are our fees, for the past several years, without a single complaint from applicants.

We have 74 animals in our props right now.

Just signed an apt with 3 cats.

In home visit before final approval is an absolute MUST. We DENY 20% of "good on paper" applicants based on unruly animals or bad housekeeping. (trash stink, crayon...)

$150 Non-Refundable Animal Registration Fee per animal

$35 per month per animal.

People pay this without a blink.

Anything less is leaving money on the table.

Animals bin gud to me!

BRAD --68.50.xxx.xxx




Pet Reg vs Deposit (by Ray-N-Pa [PA]) Posted on: Nov 26, 2024 7:37 AM
Message:

Require renters insurance using your agent. --24.101.xxx.xxx




Pet Reg vs Deposit (by kkezir [KS]) Posted on: Nov 26, 2024 7:52 AM
Message:

Rentals are all single family homes with the majority having a fenced in yard. They are B- to solid C. I don't care if there are pets. I just want places rented with good tenants.

The 850 3br good houses in not so good parts of town.. most of our 3br are in the 950-1100 range

I do a 1min inspect to meet the pet and see where the pet lives (smell test).

Yes I agree I am probably too low at $20/mon.

Wow.. I just looked at a zillow ads in my area (some of the ads had been on the market for awhile)

admin 1st pet 400. 2nd 250 and 50/mon

admin 1st 350. 2nd 150 and 40/mon

the rest look like pet deposit.

I just wanted to makes sure the admin fee of 300 wasn't too high. --165.201.xxx.xxx




Pet Reg vs Deposit (by BRAD 20,000 [IN]) Posted on: Nov 26, 2024 6:50 PM
Message:

Looks like I need to raise MY fees!

A national survey found that most renters do not expect to get their deposit back- considering it "spent money" and "the cost of renting".

When I changed to a FEE rather than a DEPOSIT I got no pushback and I figure it's a little extra "insurance" if there is animal damage.

I'd love to know if those apts charging $400 Reg Fee get pushback or if it discourages animals.

BRAD --68.50.xxx.xxx



Click Here to send this discussion to a friend
Report discussion to Webmaster


Reply:
Subject: RE: Pet Reg vs Deposit
Your Name:
Your State:

Message:
Pet Reg vs Deposit
Would you like to be notified via email when somebody replies to this thread?
If so, you must include your valid email address here. Do not add your address more than once per thread/subject. By entering your email address here, you agree to receive notification from Mrlandlord.com every time anyone replies to "this" thread. You will receive response notifications for up to one week following the original post. Your email address will not be visible to readers.
Email Address: