Subject: Your Pet Gets Four Paws!

WILMOTH Updates
A quick update for residential investors and owners from WILMOTH Group.  Providing creative solutions, strategy, services and support in the residential investment community. 
Happy April!

Spring may finally have sprung.  In my opinion, once they tell us to spring forward, then the weather needs to go along right with it!  Time for outdoor living and shedding the warm clothes! 

One of the cool tools we introduced this winter has to do with taking the subjectivity out of one part of the tenant screening process.  It also allows us to properly address a major issue in the rental industry over the last few years.  With this tool we are compliant and objective in what we do about applicants with pets. 

Why Pets Are A Big Deal

Is your investment property a single or duplex?  Chances are very high that one of the major reasons people are interested in renting from you is a place for their animal companion.  This is a fact that I try to share with any owner who says they do not want to allow pets.  Of course, that will always be the owner's choice.  But, when making this decision, you are likely eliminating 70% of the prospects!  It is a lifestyle choice and if one has a pet they want some easy to access outdoors space. 

How Should Pets Be Considered?

Reviewing applicants with pets should focus on issues like breeds (is the rental owner insured for the breed and is the breed considered non-aggressive).  Also, importance needs to be placed on the responsibility level of the pet owner (vaccinations in place, any complaints from former landlords). Sometimes determining the breed is challenging with all of the mutt-type dogs (Nothing wrong with mutts!  We have one and he is great!).  Assessing a pet owner's level of responsibility is often limited to what a previous landlord shares. 

Service Animals 

It is very important when told by an applicant, or an existing resident, that their pet is a service animal that we fully respect the related issues.  It is discriminatory to ask certain questions or make certain requirements of service animals.  Unfortunately, because of that, some applicants have tried to take advantage of claiming an animal is a service animal in order to avoid most of the normal pet restrictions. 

Finally..A Solution!

For all of these reasons, finding a better way to screen pets became a very important task for us.  When we found PetScreening.com, it made assessing pet requests significantly better. 

Now we have a full portfolio of information on the pets staying in your rentals.  Depending on the special paw rating given (1 to 5 paws) we have a structure for pet deposits and fees.  We also obtain two pictures of each pet.  This system takes the subjectivity out of the process while truly assessing the risk a pet poses to your rental. 

I always suggest that placing great tenants is the key to your success as a rental owner.  Great tenants take great care of their pets. Now they will gladly provide us the information for this screening.  It also is available for their use at other places like kennels.  So the applicants like it too!

Now...Let Spring Begin!

This is no April Fool!  Time for Mother Nature to stop playing tricks on us and give us what we are wanting...agree?
   Yours Truly

   Joel Wilmoth
   WILMOTH Group



"The U.S. tax code was written by "A" students. Every April 15, we have to pay somebody who got an A in accounting to keep ourselves from being sent to jail." 

P. J. O'Rourke


Can You Help Us Please?

Reviews of businesses on social media matter.  

Social media reviews are an equal access opportunity.  Tenants love to write poor reviews of property managers.  Owners are busy being investors and reviews of their manager is pretty low on their priority list. 

If you appreciate what WILMOTH does for you, we would be very gracious to receive your 5-star review on Google.  It will take you 30 seconds to help us offset some poor tenant comments that are hurting our rating.  

Here is how to get started.  Use your Google account and visit us by clicking the button below.  If you are not sure how to add a rating or review, read here  the instructions from Google. 

From all of us at WILMOTH Group- we say a big collective THANKS!!
Cash Flow Maintenance

WILMOTH provides management services that include regular, dependable, cash flow to the owner.How do we provide cash flow maintenance? With documented and reliable systems.

Get In Touch!
Questions?  Own a property that is just not performing?  Ready to increase your portfolio?  Or just want to discuss anything?  Let us know and we will get right back to you!

WILMOTH Group
Residential Real Estate
Investment Brokerage | Management | Property Services
WILMOTH Group, 9855 Crosspoint Blvd. Suite 148, Indianapolis, Indiana 46256, United States
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