Some Pet owners are finding it difficult to lease a property in Atlanta and in the Emory area because many property owners are reluctant to accept pets.
According to a recent survey by Apartments.com, more than 70% of renters own a pet. In fact, 65% of American households own a pet – 42% owned a cat and 54.4% owned a dog.
Some two-thirds of pet owners have experienced difficult in finding rental property that allowed pets.
If you are an investor with a rental property, one of the frequent questions you will hear is “do you take pets”?
There are horror stories about dogs that destroyed the woodwork or chewed the carpet, but most pets are well-behaved or crated when their owner is away. If the investment property is in a townhome or condo community, you should consider your neighbors, where a barking dog could encourage complaints.
You should also be aware thats Service animals or therapy animals are an exception and you cannot refuse to lease to the owner, or charge a Pet Deposit. The pet owner should provide you with appropriate paperwork, showing that they need the pet for a disability.
The decision to allow pets is a personal one, but here are a few items to consider:
Managing your own Decatur investment property is often difficult, especially if you need time for a demanding full-time job, a busy family life, and want some precious down time.
You may need a little assistance in managing your Emory area investment home or Decatur property – particularly if you have moved away from the Atlanta area.
Some investors and owners do successfully manage their own properties. An experienced Decatur property manager, however, can save you many headaches, like those calls in the middle of the night to syfon water out of a flooded basement or an alarm going off that your tenant can’t locate. Tenants have called me recently for both of these issues and they need to be handled quickly.
Managing property for other people requires special skills:
A good Property Manager can:
If you are managing your own property or inherited a home you would like to lease in the Decatur or Emory area, consider hiring a professional Property Manager.
According to Georgia and Federal Law, if you own investment property near Emory University or in Decatur, certain responsibilities fall on your shoulders.
As long as you are not involved in a federal government housing program which have additional requirements, here are some concerns you should consider:
Many townhome and condo communities in Dekalb County control how many units are allowed to be leased, and in some cases restrict all property owners from leasing their property if it is not owner occupied. Local housing authorities may also have restrictions that could affect your rental property. For example, they could restrict how many unrelated adults may occupy a property, etc.
Local laws require you to maintain your property in so that it is safe and habitable. Keeping yourDecatur property and the grounds in good repair is important to protect your investment. This is what your tenants expect as well.
Screen your prospective tenants carefully by requiring credit, background and criminal checks. Checking references and employment is also critical. Once your tenants have occupied the property, they have the right to use, occupy and enjoy the premises in accordance with the terms of the Lease. Except in case of emergency, this means you can’t just pop by without giving appropriate notice to your tenant.
Check with your local housing office or zoning office if you have specific questions.