Property management is a liability-rich endeavor. So much so that the National Apartment Association Education Institute (NAAEI) offers a Certified Apartment Manager (CAM) course, and there is one full module on risk management. The CAM program is worth your consideration.
The recently unveiled Multifamily Pet Policies and Amenities survey, conducted by PetScreening and J Turner Research and featuring the feedback of nearly 23,000 apartment residents, found that non-pet-owning residents are reasonably agreeable with a community’s pet population.
For decades, pet policies were something of a cookie-cutter concept at apartment communities: Only certain breeds, only certain sizes and a limit of one or two pets per household. Those standard policies, have become antiquated as pet owners constitute one of the fastest growing segments in rental housing.
Proponents for eliminating breed restrictions argue that pets should be evaluated on an individual basis rather than any preexisting characteristic. Fortunately, tech advances have made it easier to track past behavior of the pet and its owner, which can assist community teams in the evaluation process.
Pet adoption rates have skyrocketed with the nation suddenly having much more time on its hands. Animal shelters across the nation are happily running out of pets and some are temporarily closing with no pets to tend to. That equates to a strong chance that the pet population will spike to some degree.