12 Ways to Reduce Tenant Turnover

December 22, 2021

How to Reduce Tenant Turnover Have you calculated how much revenue you've lost due to tenant churn over the years?  Some landlords and property manages do have systems to report these losses, but how many are solving the loss problem? In some states and cities, the issue of tenant turnover is a current matter.  With spring's…

  • Tenant Retention Strategy | 10 Simple Things You Can Do

    September 21, 2021

    Better Tenant Retention and Lower Churn As the pandemic slowly disappears, moratoriums end, and employment resumes, landlords and apartment managers are seeing higher vacancy rates. Vacancy is impossible to avoid given renters tend to be a transient population. Add on on economic cycles, rising rent prices, and normal life changes, and turnover adds up. It…

  • Set the Ideal Apartment/Condo Rental Price

    July 05, 2021

    Setting the Right Rent Price Wondering what the ideal rental price might be for your new rentals? If you're thinking of setting the price to comparable rentals in your neighborhood, you may be losing potential income. Before you set the rent price for your apartment, condo or house, compare the long term value of your…

  • How to Get Tenants to Renew Leases

    December 07, 2018

    Create Your Lease Renewal Strategy While your focus is on giving tenants what they want, being professional, and responding quickly to maintenance tickets, you might still see a parade of tenants leaving.  A lease renewal strategy can help you keep tenancy rates up, and avoid churn and rental turnover losses. Hopefully you already have some…

  • How To Make Your Tenants Happy

    November 08, 2018

    Business is Never Good Until the Customer is Happy Have you treated your tenants in a professional, businesslike way, and thought everything was fine, but it wasn't? Did they make complaints and eventually vacate the unit? Even very successful business people forget that business is about people. And when people feel good, they might stay…

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