7 Ways Effective Pet Management Boosts NOI

Hi there,

It’s a fact: Residents love their pets. In a recent survey, renters were more likely to report having at least one pet (58%) than a child (33%). This growing trend shows no sign of stopping, confirming that building and sustaining a pet-friendly portfolio is no longer a negotiable, it’s a must.  

Plus, as difficult market conditions make it imperative to maximize occupancy and resident retention, accepting pet-owning applicants faster decreases your chance of vacancies, and streamlines your leasing process. 

With an effective pet management solution, you can transform having a pet-friendly portfolio from a liability to a strategic advantage. Enjoy these benefits:  

• Streamlined information gathering and leasing 
• Reduced ESA fraud 
• Increased NOI from accurate pet categorization and recouped pet rent  
• Clear expectations with residents and their furry friends 

To help owners and operators realize these benefits, Foxen created PetClear—an integrated solution to effectively manage pet information and create pet-friendly experiences from leasing to living and beyond.

Check out more benefits of streamlined pet management and how your portfolio can reap the rewards, plus get a glimpse into the power of PetClear.