Mitigating the Costs of Tenant Turnover in Rental Properties

Learn how to properly budget for often-overlooked costs associated with rental properties - tenant vacancy and turnover, understand the true cost of tenant turnovers, and pick up actionable tips for keeping tenants longer.

Chapters:00:00 Introduction

01:25 Understanding Vacancy Costs

04:16 Budgeting for Repairs and Reserves

07:33 Importance of Long-Term Tenants

10:28 Effective Tenant Retention Strategies

13:48 Managing Tenant Expectations and Lease Renewals

18:15 Conclusion and Final Thoughts