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Learn about Pet Trends and Fee Experiences in Accordance to CHBO Property Owners

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Published Date: 2019-05-15
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To protect your rental, if considering pets, here are some tips

Know replacement costs (Including loss of rent for downtime to repair, delivery and set up fees)

  • cost to replace furniture pieces/replace/repair flooring
  • cost of complete pet hair extraction and incorporate necessary costs into pet fees/deposits.

A point to note here, that isn’t listed below as it was in the comment portion of the survey, is that a lot of owners evaluate pets on a case by case scenario. ?The trend we found the most interesting is the percentage of properties that had “significant” damage due to a pet has decreased from 10% in 2012 to 3% in 2018. This means more owners are being proactive and effectively communicating their expectations to their renters.

Corporate Housing Report
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