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Strategies for Reducing Tenant Turnover

By PropsManager Team | Dec 17, 2025

Strategies for Reducing Tenant Turnover

Every time a tenant moves out, you lose money on vacancy, cleaning, repairs, and marketing. Retention is key to profitability.

1. Respond to Maintenance Quickly

The #1 reason tenants leave is poor maintenance. Fix things fast and communicate.

2. Be Reasonable with Rent Increases

If you have a great tenant, consider raising the rent slightly less than the market rate. The cost of vacancy often outweighs the extra $50/month you might get from a new tenant.

3. Respect Their Privacy

Don't be a helicopter landlord. Give proper notice before entering and leave them alone otherwise.

4. Offer Renewal Incentives

  • "Renew for another year and we'll clean the carpets for free."
  • "Renew and we'll upgrade the ceiling fan."

Conclusion

Treat your tenants like valued customers, and they will likely stay.