Article of the Month…
Retaining Tenants – Keeping Vacancy Rates In Check
By Michael Monteiro
I don’t know about you, but I hate filling vacant units. Maybe hate is a strong word, but searching for tenants, screening tenants, and doing showings just to fill a single vacant unit is a major pain.
So what does an enterprising property manager like yourself do? Get your current tenants to stay so you don’t have vacant units in the first place.
Why spend time and money to repaint, clean, and advertise the unit when you already have solid tenants that pay their rent on time? Though not always easy, it’s almost always cheaper to retain great tenants rather than finding new ones.
