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Re: Pet Deposit, How Much - Landlord Forum thread 251433

Re: Pet Deposit, How Much by Anonymous on March 21, 2012 @20:00

                              
Wow, the irate guy who does not like pet deposits....hmmm, don't think I'd want to rent to him!

I am trying to figure out what to do for pet deposit myself. We personally have had dogs, birds, and fish over the years. Our pets are well trained (except the fish, of course ;-) -- I have done plenty of clean-up and repair for our own pets.

From risk perspective, pet deposit really needs to be around $5000 on a good size property (carpet replacement alone will cost that much). But of course we can't charge renters that much deposit.

Am I thinking correctly that the "non-refundable" pet deposits are to help cover costs of that person who's pet will eventually do serious damage?
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