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A quick reference for residential investors from WILMOTH Group. Providing creative solutions, strategy, services and support in the residential investment community since 1994.
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“In the business world, the rearview mirror is always clearer than the windshield.”
-Warren Buffett, CEO of Berkshire Hathaway
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How To Cut Down On Rental Turnover Time
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Steady tenants are a welcome variety, but you can’t expect them to stay forever. Over the last decade, between one in four and one in five renter households moved every year.
After a tenant leaves, you need to prepare the rental for the next person. This is known as the turnover time. Your goal is to minimize turnover time and start renting again. Prep work may vary from small maintenance items, such as deep cleaning the carpet, to larger repairs that require professional contractors.
Whether your first tenant asked to move out or turnovers are routine for you, it’s worth having a plan on how to proceed with maintenance and improve your time.
Here are several ways to optimize your maintenance and repair stats after tenants move out, so you can cut down on turnover time.
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| News Headlines From Around The USA
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Crawfordsville Owner? Be Sure Your Rentals Are Registered Before 1/31/24!
For property owners and landlords in Crawfordsville, Indiana, navigating the local rental registration requirements is crucial to ensure compliance with the city’s ordinances. At WILMOTH Group, we understand the importance of staying informed about these regulations to effectively manage your rental properties.
All rental units must be registered annually with the Planning Department by January 31st.
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Want To Grow?
WILMOTH helps investors with much more than just property management. If you are looking to grow your portfolio, we are your partner in the acquisition process.
Here is how to put our market expertise to work for you! |
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