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Old 04-20-2018, 11:39 AM
 
1,488 posts, read 1,967,454 times
Reputation: 3249

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So I have a relative of mine moving to a dangerous city. I'm very picky about where I want her to live. I have found a few ideal places but they state "no pets." My question is how many of you would make an exception to a "no pet" policy (1 cat) for a tenant with the following qualification:

-Rent: $1,200/mo
-Income: $12.2K/month (in an established career that has almost no chance of her losing employment)
-Recurring Debt: $1775/mo
-Credit score: 790-810 (I remember the exact score but I know its in that range) with not a single delinquency of any kind over her lifetime (shes 30).
-squeaky clean background

Bonus:

-She is willing to put down a pet deposit
-Can provide bank statement that shows that she has enough money to pay the entire years rent 4X over if she had to.

So would you make an exception for the above candidate? As a LL I have made exceptions for far less qualified tenants. I'm asking this because I'm trying to gauge what kind of negotiating power someone as qualified as her might have.
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Old 04-20-2018, 12:03 PM
 
Location: Denver CO
24,201 posts, read 19,215,171 times
Reputation: 38267
I'm not a landlord but if I had a pet-free rental I would not make an exception. It means I'd be dealing with other tenants who also want an exception and I wouldn't be able to rent the apartment out after her as pet-free (for people who might have allergies).

She should focus on units that allow pets, period.
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Old 04-20-2018, 02:48 PM
 
Location: on the wind
23,310 posts, read 18,852,325 times
Reputation: 75342
Quote:
Originally Posted by griffon652 View Post
So I have a relative of mine moving to a dangerous city. I'm very picky about where I want her to live. I have found a few ideal places but they state "no pets." My question is how many of you would make an exception to a "no pet" policy (1 cat) for a tenant with the following qualification:

-Rent: $1,200/mo
-Income: $12.2K/month (in an established career that has almost no chance of her losing employment)
-Recurring Debt: $1775/mo
-Credit score: 790-810 (I remember the exact score but I know its in that range) with not a single delinquency of any kind over her lifetime (shes 30).
-squeaky clean background

Bonus:

-She is willing to put down a pet deposit
-Can provide bank statement that shows that she has enough money to pay the entire years rent 4X over if she had to.

So would you make an exception for the above candidate? As a LL I have made exceptions for far less qualified tenants. I'm asking this because I'm trying to gauge what kind of negotiating power someone as qualified as her might have.
It's more than the money. Pet free is also something the other tenants (present and future) may desire due to allergies or other worries.
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Old 04-20-2018, 03:50 PM
 
1,663 posts, read 1,580,236 times
Reputation: 3348
Absolutely nothing about her says long term tenant. It’s a bridge rental before she buys.

I’d do it in mine, but charge her about 115% of market rent.
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Old 04-20-2018, 03:54 PM
 
Location: Phoenix, AZ area
3,365 posts, read 5,240,667 times
Reputation: 4205
Not a chance. It would immediately run off the people who don't want to deal with pets which is the entire reason to go pet free.
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Old 04-20-2018, 03:55 PM
 
13,130 posts, read 21,001,609 times
Reputation: 21410
We have a No Pets policy at all our properties and the PMC has no authority to override it. We do not want, our staff does not want, our current tenants don't want pets and by the waiting lists, it appears our prospective tenants also want a No Pet property. There is never an exception and we maintain a zero tolerance for violators.
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Old 04-20-2018, 05:09 PM
 
Location: Was Midvalley Oregon; Now Eastside Seattle area
13,075 posts, read 7,515,583 times
Reputation: 9798
No pets means, No Pets. Regardless of income and qualifications .
Our son who does the PM has removed the No Pets qualification but has instituted limitation of pet size .
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Old 04-20-2018, 05:14 PM
 
9,446 posts, read 6,580,323 times
Reputation: 18898
No way. Pets cause damage, period. Let one in, and everyone else wants one too. Pet owners should buy their own place IMO. BTW there is a shortage of rentals in many many areas now and LL have no need to negotiate.
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Old 04-20-2018, 06:20 PM
 
17,308 posts, read 12,255,968 times
Reputation: 17262
I'd make an exception for a dog if for some reason I could not find any other qualified candidates, but they would absolutely be last on the list. But the smell of cat urine is forever(until you've replaced everything down to the subfloor).
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Old 04-20-2018, 07:24 PM
 
8,085 posts, read 5,251,365 times
Reputation: 22685
Nope. Nada.
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