What are your top 3 tips for reducing turnaround/re-lease times?

Topic Author
Chase Banta
  • Thank you received: 0
2 years 2 months ago #62238 by Chase Banta
What are your top 3 tips for reducing turnaround/re-lease times?

What do you do before/during that gets the number of days without rent as close to 0 as possible?
2 years 2 months ago #62238 by Chase Banta
Nakia Nikki Coleman
2 years 2 months ago #62239 by Nakia Nikki Coleman
I would love to hear.
2 years 2 months ago #62239 by Nakia Nikki Coleman
  • Posts: 39
  • Thank you received: 1
2 years 2 months ago #62240 by eric rivera
I walk my on notice units at least 2 weeks prior to move out and order and compile punch/parts list. Make sure all is in stock including paint, we're ready to roll!!
👍: Donje Putnam
2 years 2 months ago #62240 by eric rivera
Vicki Hurley
2 years 2 months ago #62241 by Vicki Hurley
We actually advertise them on our website with a move in date. If they want it they take possession when we say but that’s only been since our Covid markets 2 plus years.
2 years 2 months ago #62241 by Vicki Hurley
Toni B
2 years 2 months ago #62433 by Toni B
Sometimes you are in a situation where someone is moving early, but hold on to the apartment just because they can. I try to let them know that if they do intend to move out early, they may receive a refund of the month they paid when the new resident moves in. If it's even partial, it's something. Obviously, we can't charge double rent. It's a motivator to get the keys asap before the end of the month and be able to turn quickly.
2 years 2 months ago #62433 by Toni B
Chris Grenzig
2 years 2 months ago #62434 by Chris Grenzig
Why would you do that? If someone moves out but holds onto it and still pays rent, why would you want them to leave so you can move someone in? Them being in the unit or not doesn’t affect if the unit is occupied and is paid for. Maybe I’m missing something but I don’t see how this helps eliminate vacancy where no rent money is coming in.
2 years 2 months ago #62434 by Chris Grenzig
Anonymous
2 years 2 months ago #62436 by Anonymous
When we get written notice we look at the home 30 days prior to their move out date. That way anything that needed ordered will be there and we take 5 days to turn a home maximum time.
2 years 2 months ago #62436 by Anonymous
Amanda Buyalos
2 years 2 months ago #62437 by Amanda Buyalos
In some states it is illegal to not attempt to re-rent the apartment. I find it's better to have an up front conversation with someone that I know has moved out early rather them finding out that they had rights later.
2 years 2 months ago #62437 by Amanda Buyalos
Anonymous
2 years 2 months ago #62781 by Anonymous
Increases number of potential tenants for unit - Potential tenants may have to be out of their previous apartment by the end of the month (their unit may already be rented), so they need to move out before the end of the month. If the vacating tenant moves out early, gives us time to have the unit turned before the end of the month and ready for a new tenant, which increases the number of potential tenants for the unit.
Also helps with new tenants who prefer to move on weekends - if there is a weekend near the end of the month, new tenants have more flexibility to move (mostly) in over a weekend. Best
2 years 2 months ago #62781 by Anonymous