Hi,
I am starting a new business to advertise pet friendly rental properties online, and would like to hear your opinions about this new project. I am new to this forum.
From my research over 60% of tenants are looking for rental properties that allow pets, so I think my business has potential. The advantage of having responsible pet owning tenants is that the tenants stay longer as they do not have to hide or give up their pets (fewer vacancies), and people who can demonstrate that they are responsible about keeping animals (desexed, obedience trained, go to the vet regularly etc) are more likely to be responsible about looking property. Some tenants have also mentioned that they would be willing to pay more for the privilege of a pet friendly property. Others have added value to properties by building fences out of their own pocket. From a cashflow point of view there seems to be lots of benefits.
The benefits for tenants is that they do not have to give up a much loved family member to an animal shelter when they are moving house. Potential tenants can join a forum and register for email alerts when properties that meet their criteria become available. They could also upload references, pet resumes, and apply for properties online. I don't plan to charge tenants to use any features of the website, as I will use the data from property alerts to compile statistics about where there is strong demand/what tenants are looking for/what pets they have/how much they will pay. Investors can then choose whether or not to advertise a property on the website based on these statistics. Property owners and property managers that advertise properties can choose to pay for each ad or a monthly subscription to post multiple ads. There will be pageview statistics to show how effective an advertising campaign is. Advertisers can tick boxes to show what pets will be considered for a particular property, and how many animals will be considered. This will avoid problems of tenants bringing unsuitable animals eg. 10 big noisy dogs into a city apartment. Full disclosure could also mean people are less likely to sneak in unsuitable animals. My goal is to create a website with useful features that will add value to rental property advertising, but I am not sure what other features to include that will be valuable to people.
What are your experiences with pet owning tenants, both positive and negative? Do you have any special requirements from tenants eg. steam cleaning carpets, pest treatment on departure? What features do you value in online property advertising? Where you currently advertise vacant properties, and how much do you pay? How do you currently track the effectiveness of various advertising campaigns? For an advertising campaign to be considered effective, how many views or enquiries do you like to have? Would you be interested in advertising on this website? Thank you for your time!
Cheers,
Yen
Rent With Pets
I am starting a new business to advertise pet friendly rental properties online, and would like to hear your opinions about this new project. I am new to this forum.
From my research over 60% of tenants are looking for rental properties that allow pets, so I think my business has potential. The advantage of having responsible pet owning tenants is that the tenants stay longer as they do not have to hide or give up their pets (fewer vacancies), and people who can demonstrate that they are responsible about keeping animals (desexed, obedience trained, go to the vet regularly etc) are more likely to be responsible about looking property. Some tenants have also mentioned that they would be willing to pay more for the privilege of a pet friendly property. Others have added value to properties by building fences out of their own pocket. From a cashflow point of view there seems to be lots of benefits.
The benefits for tenants is that they do not have to give up a much loved family member to an animal shelter when they are moving house. Potential tenants can join a forum and register for email alerts when properties that meet their criteria become available. They could also upload references, pet resumes, and apply for properties online. I don't plan to charge tenants to use any features of the website, as I will use the data from property alerts to compile statistics about where there is strong demand/what tenants are looking for/what pets they have/how much they will pay. Investors can then choose whether or not to advertise a property on the website based on these statistics. Property owners and property managers that advertise properties can choose to pay for each ad or a monthly subscription to post multiple ads. There will be pageview statistics to show how effective an advertising campaign is. Advertisers can tick boxes to show what pets will be considered for a particular property, and how many animals will be considered. This will avoid problems of tenants bringing unsuitable animals eg. 10 big noisy dogs into a city apartment. Full disclosure could also mean people are less likely to sneak in unsuitable animals. My goal is to create a website with useful features that will add value to rental property advertising, but I am not sure what other features to include that will be valuable to people.
What are your experiences with pet owning tenants, both positive and negative? Do you have any special requirements from tenants eg. steam cleaning carpets, pest treatment on departure? What features do you value in online property advertising? Where you currently advertise vacant properties, and how much do you pay? How do you currently track the effectiveness of various advertising campaigns? For an advertising campaign to be considered effective, how many views or enquiries do you like to have? Would you be interested in advertising on this website? Thank you for your time!
Cheers,
Yen
Rent With Pets