[quote=EconProf]
As to the common assumption that cutting your prospective rental pool in half (approximately) by not allowing pets hurts one’s rent levels and bottom line–the opposite may be true. Some tenants actually want a pet-free environment. They may be tired of barking dogs and poop on the lawns and be seeking out my kind of apartment complex. Accordingly, my Craigslist ad actually says “Sorry, no pets allowed in these clean and quiet buildings.” Don’t know if I gain more prospects than I lose from such a policy.[/quote]
Barking dogs are one of many possible problems in a complex. In my experience, humans have been a bigger problem with upstairs “neighbors” stomping on the floor, constantly moving furniture, and dropping what sounded like bowling balls.
Even when I moved into a top floor unit the tenant downstairs liked to slam the heavy front door. My place would shake.
Is your building well enough built to mitigate the sound from assholes living nearby?
