Contacting you when there’s an issue. Always paying on time. Respecting your property and the neighborhood. Finding great tenants that do all of these things isn’t easy, but once you lease to renters who take care of your place as if it is their own, you never want to see them move out.
According to the National Center for Housing Management, each year, 54% of apartment’s turnover to new tenants. For landlords, this period of time comes with expenses that range from cleaning costs to possible repairs. Lost rent (especially significant when you rely on rental income to pay your mortgage), utilities, and advertising fees can all add up the longer the unit is vacant.
Reducing or eliminating your turnover expenses by keeping good tenants longer could help you to be a more profitable landlord. There are many advantages, including:
What happened? We brainstormed to put the perfect Tenant Welcome Package together that could be easily purchased online and checked ALL the boxes.
We are dedicated to improving the rental experience for all parties and maintaining positive tenant relationship!
“Life is really simple, but we insist on making it complicated.” – Confucius