Rental turnover is a normal part of property management. But, unusually high rates of turnover can wreak havoc on your bottom line and cause negative relationships with property owners....
When it comes to rental turnovers, one of the most time-consuming aspects is coordinating all the services that need to happen before a unit is ready for a new...
In August of 2022, the national rental retention rate was 54.8%. Before the COVID-19 pandemic, retention rates over 50% were nearly unheard of. Residents were less likely to move throughout...
According to Dictionary.com, a “make-ready” is the act or process of making something ready for use. When it comes to property management, it’s just that. The make-ready, or “rental turnover,”...
There are two main ways to lower turnover costs: The first is lowering your turnover rate and decreasing the number of turns you must complete. The fewer turnovers you have,...
What is Rental Turnover? As we approach the summer season, many property managers prepare for an influx of turnovers. 80% of rental turnovers happen in May through September. Rental turnover...
Make your make ready process less complicated with our tips and bonus turnover checklist! As a property manager, rental turnover is inevitable. There will always be reasons why your residents...
The Ultimate Guide to Efficient Make-Ready Processes for Rental Units A make-ready, also known as a turnover or rental turnover, refers to the process of preparing a rental unit for...
Rental Turnover Cost Rental turnover is one of the most time-consuming and overwhelming tasks for property management companies because they involve many moving parts. Property managers must coordinate with the...
