The Property Turn

The property turn is the maintenance done after the old tenant has moved out and before a new tenant moves in. This time in between tenants is a great time to get your rental property in rent ready condition. It is also a good time to do small or large renovations to the unit.

One of the best benefits of refurbishing your rental unit is to attract good tenants. You want tenants who are looking for a nice place to make their home, not just a place to live. The more pride the owner takes in the rental, the more the tenant will care about the unit and take pride in maintaining it. Depending on the location and what kinds of upgrades are made, another benefit is the ability to collect more monthly rent.

Some properties turn maintenance may...Full Article.

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