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Ways To Save On Tenant Turnover

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Ways To Save On Tenant Turnover

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  1. Ways To Save On Tenant Turnover Finding new tenants for your rental property involves costs related to marketing, showing, administration & cleaning apart from loss of income due to vacancy. Here are some tips to save on tenant turnover: Be Wise When Choosing Tenants Screen the tenants properly, check references & rental history as unstable tenants can leave because of unemployment or inability to pay rent. Abrupt Rent Increase Sudden & high increase in rent can be a reason for tenants to leave even if they were not considering to move earlier. Maintain The Property Listen to their complains and try to address repair & maintenance issues as soon as possible. Update Your Property Regularly update your property with latest facilities to ensure the comfort of tenants. Ensure Good Tenant Relations Maintain good relationship with your tenants. Always give due weightage to their advice on property. www.lonestarrealty.net Lone Star Realty & Property Management, Inc. 1020 West Jasper Drive, Killeen, TX 76542 Phone: (254) 699 - 7003 Image Source: Designed by Freepik

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