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2019-04-16 ADDITIONAL INCOME WHEN RENTING TO PET OWNERS | By: Jeff Taylor

ADDITIONAL INCOME WHEN RENTING TO PET OWNERS
 by "Mr. Landlord" Jeffery Taylor

The following are a few examples of how landlords are able to generate additional income as they work to accommodate pet owners who wish to rent their property.
 
Many landlords charge a one-time fee for Pet registration (i.e. $100 to $250). One landlord for example charges a $150 one time pet registration fee. With 30 residents paying this, that added an extra $4,500 in income from just pet registration fees.
 
Most landlords who accept pets also charge a monthly pet rent fee ($25 to $100) on top of whatever the charge is for the normal monthly rent.
 
And some landlords have also started including in their lease that there is an inspection required each year for renters with pets with a nominal fee charged ($25 to $50) for each of those inspections.

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