How much do you pay for a complete make ready turn from the trash out to the finish out?

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2 years 10 months ago #55640 by Crystal Collins
Question for my apartment industry peeps mainly Property Managers...
How much would you and/ or do you pay for a complete make ready turn from the trash out to the finish out including paint through a Turnkey (Make ready Service)?
Would you say $900 is a fair price or too high or too low? Please share your thoughts and expertise (lol)
2 years 10 months ago #55640 by Crystal Collins
Dave Scruggs
2 years 10 months ago #55641 by Dave Scruggs
Too many variables involved for a set price in my opinion.
2 years 10 months ago #55641 by Dave Scruggs
Rebecca Fernandez
2 years 10 months ago #55642 by Rebecca Fernandez
Speaking as a contractor for a construction company, $900 is just a start out price. Depending how little or how much damage was done the price may vary. Before you dole out the money YOU may want to do a walk through with your make ready people and THEN set the price for the work to be done.
2 years 10 months ago #55642 by Rebecca Fernandez
Mark Tanguay
2 years 10 months ago #55643 by Mark Tanguay
Every property is different, as is every apartment size. My most frequent discussion is why it takes longer to turn a 3x2 w/washer and dryer than it does to turn a basic studio apartment.
2 years 10 months ago #55643 by Mark Tanguay
Eric Rivera
2 years 10 months ago #55644 by Eric Rivera
Each unit is different, consider repairs, how much paint, prime, ceilings, texture, parts upgrades, etc, etc. Too many intangibles to be able to say whats a fair price.
2 years 10 months ago #55644 by Eric Rivera
James Shannon
2 years 10 months ago #55645 by James Shannon
To be more helpful than saying it varies, which it does- you have to have more info.

You have paint, flooring, resurfacing/replacement, fixtures, appliances, preventative Maintence, general repairs. That all factor into the price.

Figure out what you want, then go from there. Where I work we have a price range of each thing that needs to be done. And we base vendors and such off of that range.

Although. I do my personal best to have vendors walk through a unit with me and give me a price. And I add a cushion for any extra work that need to be done.

For example basic paint may be 1000 for the unit, but I do 1100 to include drywall repairs or baseboard issues.
2 years 10 months ago #55645 by James Shannon
Chris Peterson
2 years 10 months ago #55646 by Chris Peterson
I’ve paid anywhere between $900 and $3,000 depending on the state of the unit when it’s turned over. We normally average it to $30/hr plus dump runs and supplies.
2 years 10 months ago #55646 by Chris Peterson
Stacey Pichette
2 years 10 months ago #55647 by Stacey Pichette
Depends on the size of apartment and it’s condition. But I would say $900 is fair if that includes trash out, paint, and repairs. I’m in Raleigh, NC and we went without any maintenance staff for 3 years so we had to rely on local contractors. The average cost for a 1 bedroom was $1000. $1500 average for a 2 bedroom. Even though they were familiar with the process and our properties, I still had to create detailed work orders for every turn. So during the move out inspection, I had to test appliances, HVAC, and plumbing throughout to identify issues. Helped me become even more detailed with my inspections though! I also created spreadsheets with blind sizes, paint colors, preferred brands for light fixtures, etc which helped immensely when we finally hired a maintenance guy
2 years 10 months ago #55647 by Stacey Pichette
Jerry Davis
2 years 10 months ago #55648 by Jerry Davis
It depends on the property demographic of the area and condition of the unit, my old company avg. 4-6k per turn and I overseen 16 properties, that's everything needed. Now that I'm in a different demographic's and the median is lower, $900 isn't too bad but it's still on the lower end. It all depends on what class your property is and who your trying to attract ( a "C" class style resident or a "A" class style resident)
2 years 10 months ago #55648 by Jerry Davis
Ellen Hoffman
2 years 10 months ago #55649 by Ellen Hoffman
$900 is a low ball figure especially if you do a total paint job on every turn!
2 years 10 months ago #55649 by Ellen Hoffman
Marian N
1 year 1 month ago #642045 by Marian N
wow never ever charge that
trash out
paint
clean
turn about
$3000.00 my more
1 year 1 month ago #642045 by Marian N