Should I charge my tenants rent for having a pet?
Good question.
If you are more of a hobby landlord this is fine to charge pet rent. It is just one more way to get more income. In reality your best move would be to not allow pets since they do so much damage to rental properties.
However, instead of wasting a lot of time explaining your pet rent policy to your tenant in your rental home, you should get a proper education in investing so you can make real money instead of wasting time trying to collect pet rent. Focus on buying assets for less than market value and don’t waste a lot of time trying to charge pet rent.
From that question it is clear that you are thinking about this the wrong way. If you are investing alone with a small collection of 10 or 20 rental homes, then you need a mentor. It is so critical as a new investor to have a mentor help guide you and keep you from making a lot of mistakes.
Many new investors don’t know what they don’t know and when they make mistakes it can be very damaging including wasting years of their life buying the wrong asset (single family homes).
I offer education and training to landlords, engineers, doctors and dentists, and many others that would like to learn how to enjoy the benefits of investing as quickly as possible. If that sounds interesting contact my office by going to www.benjaminzmiller.com and fill out the contact form.
You also can register at meetup.com at the link below:
https://www.meetup.com/benjamin-z-millers-investor-networking-group/
I hope that helps and good luck with your investing!
Benjamin Z Miller
www.benjaminzmiller.com
1-817-203-4160
ben@benjaminzmiller.com
https://www.linkedin.com/in/benmillersells/
https://twitter.com/BenjaminZMiller
-
11:54
SLS - Street League Skateboarding
13 hours agoBest of Chloe Covell | Street League
55.2K9 -
57:37
Patriots With Grit
1 day agoHow Voting Machines & Databases Are Compromised: How To Regain Honest Elections | Mark Cook
71.3K20 -
1:18:53
Donald Trump Jr.
12 hours agoSecret Service Director is a Disgrace, Plus where is Joe Biden? | TRIGGERED Ep.158
250K807 -
1:33:47
Michael Franzese
10 hours agoWhy they had to get Biden out ASAP | Emergency Sitdown
102K104 -
2:25:22
WeAreChange
9 hours agoWHERE'S Joe Biden?? President Of The U.S. Goes MISSING As Doctors Ratchet Up Cover-up!
124K63 -
1:56:24
2 MIKES LIVE
8 hours ago2 MIKES LIVE #94 DEEP DIVE MONDAY! Is This Democracy? with Special Guests J Michael Waller and Josh Baker
91.9K6 -
1:34:10
The Amber May Show
9 hours agoTrue Story Behind The U.S. Marines Ambush In Afghanistan
85.4K9 -
57:19
Kimberly Guilfoyle
12 hours agoSecret Service Scandal Deepens, Plus, Who is Really Behind Biden Exit? Live with Charlie Spiering, Rep Luna, and Hogan Gidley | Ep. 144
127K186 -
15:50
China Uncensored
9 hours agoCommunism ROTTED China
76.4K34 -
6:58
Tactical Advisor
10 hours agoBad News For Guntubers
64.2K57