Property Management, Tenant Selection, Real Estate News & Tips

Tag: tenant turnover

How Long Does Tenant Turnover Take

By on August 1, 2016 in Education with 0 Comments
How Long Does Tenant Turnover Take

Once a lease ends and your tenants move out, you need to move quickly in order to get the property rent ready for the next renters to move in. The sooner your property is rent ready, the sooner you can start collecting rent, and the less money you will lose from vacancy. In an ideal […]

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The Real Cost of Tenant Turnover

By on May 14, 2015 in Education with 33 Comments
The Real Cost of Tenant Turnover

One of the biggest cash flow killers in property management is tenant turnover.  When a tenant moves out of your rental property, not only do you miss out on monthly rental income from the unoccupied unit, but the costs continue to add up when you factor in the additional steps it takes to get your […]

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Renew or Move: Part 2 – 2015 Renter Behavior Survey

By on March 31, 2015 in News with 0 Comments
Renew or Move: Part 2 – 2015 Renter Behavior Survey

Last week, we reported on the increase in lease renewal occurrences in the past 10 years, with the majority of renters choosing to stay put rather than move out when their rental lease expires. And while 54.4% of renters reported opting to renew their rental lease instead of move, what about the remaining 44.6% of […]

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Renew or Move? What Will Your Tenants Do When Their Lease Expires?

By on March 24, 2015 in News with 2 Comments
Renew or Move? What Will Your Tenants Do When Their Lease Expires?

Long-term tenancy is a landlord’s dream. And a new report reveals that their dreams are coming true as more renters are opting to renew their leases rather than look for new housing options. In a report from MPF Research about lease renewal behavior among renters, data from February 2015 reveals a 10-year high for tenants who […]

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How to Save Money During Tenant Turnover

By on December 10, 2014 in Education with 0 Comments

No matter how much you screen your tenants, the truth of the matter is, landlords will probably spend some time cleaning up after tenants when they vacate a rental property.  But a little elbow grease is nothing compared to the cost of having to replace damaged property.  Whether the result of bad tenant behavior or normal wear […]

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