Tenant turnover is one of the most expensive parts of owning a rental property. You will still be obligated to pay for the unit’s upkeep without it bringing in any income. Additionally, you will have to invest time and money in advertising, screening, and otherwise trying to fill the vacancy. Though tenant turnover is something every landlord will have to deal with, there are a few ways to help decrease your rental properties’ turnover rate.
When you obtain a good tenant, you want to take all of the steps necessary to retain their business. Contact our experts at the Keyrenter Property Management in Washington, DC, to learn more about decreasing tenant turnover in your rental properties.