Most investment property owners understand the value of accepting pets into their rental properties. If you don’t accept pets, you usually face a longer vacancy period. It’s harder to find tenants.
Why?
More than half the renters in Colorado Springs have at least one pet. So, when you welcome dogs and cats into your rental property, you’re going to find a good tenant more quickly than if you don’t allow pets. However, we also know that pets come with risks. It’s understandable if you’re worried about your floors being scratched up or your walls being destroyed. Pets can cause unexpected harm.
At Cornerstone Real Estate, we’re excited to share that we have a new way to protect your property from the damage that pets can potentially cause.
Pet Guarantee Program for Colorado Springs Landlords
We have just rolled out our new Pet Guarantee Program, and we think it will deliver a better pet screening process for your tenants and more peace of mind for you.
Our team is already very confident in our screening process. As you probably know, we do a five-part tenant screening for every prospective resident interested in leasing one of our properties. It ensures we place tenants who will pay rent on time, take care of your home, and follow the terms of your lease.
Over the last six months, we have added pet screening to our process. Now, we have a process for screening tenants’ pets prior to approving them and allowing them to move into the property.
How the Pet Guarantee Program Works
Because we are confident in our pet screening process, we can comfortably guarantee that the pets moving in with tenants will not damage your property. Here’s how it works:
- If a pet that we approve causes any damage to your property, we are going to cover it so there’s no expense to you. Cornerstone will pay up to $2,000 towards any pet damage caused by an approved pet.
- We accept all responsibility for the pets living in your property. This removes the risk to you as the owner.
You may have questions about the details of this program, and we’re happy to share them. Since it’s a brand new program, we’re still working some things out. However, we plan to share this guarantee on our website very soon, and if you have any questions in the meantime, we’re happy to answer them.
New owners and properties under management will automatically be enrolled in this Pet Guarantee Program. If you’re currently a client with a property--or properties--under management with us and you’d like to join the program, we can get you set up.
We believe it will make you feel more comfortable with the idea of tenants moving into your home with their furry friends.
If you have any additional questions about pets in your property or anything pertaining to Colorado Springs property management, please contact us at Cornerstone Real Estate. We look forward to helping you with your rental property.