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.