Here’s what landlords need to know about tenant turns and their costs.
Are you familiar with the term “tenant turn”? In the property management business, this is when you change from having one tenant to another. This can be a stressful time for the property owner and manager, and the longer it takes, the more money it costs. Today, I’m here to discuss how much a tenant turn usually costs and how you can save as much money as possible.
You can listen to my full explanation in the video above or skip to each topic using the timestamps provided:
0:00 — Introduction
0:27 — What is a tenant turn?
1:22 — How much does the average tenant turn cost?
2:13 — Three main things you need during a turn
4:08 — Extra costs you might encounter
4:47 — Cutting costs on paint may not be worth it
5:28 — Your options if you want to cut costs
6:08 — Call or email me with questions
If you have questions about this topic or anything else related to property management, please call or email me. I am always willing to help!