If you were lucky, all of your tenants decided to renew their leases and stick around for another year. If you weren’t so lucky, the dreaded tenant turnover process is right around the corner.
Here are a few things you should make sure you’re doing before, during, and after tenant turnover:
Once you get the notice that your current tenants don’t plan to renew their lease, you may be thinking of all the things you’ll need to do during turnover. What you should be thinking about are things you can do before move-out to make turnover easier.
Here are a few proactive things you can do before your tenants move out:
- Confirm move-out date and time with tenants
- If not already rented, start advertising rental (on College Pads)
- Deliver move-out instructions
- Conduct preliminary move-out inspection with tenants
- Start scheduling maintenance
- Order supplies for turnover
- Final walkthrough
As soon as your old tenant turns in the keys, the race is on to get the rental in tip-top shape before the next tenant moves in.
Here are a few things to consider adding to the turnover process:
- Make necessary repairs
- Patch & repaint walls
- Deep clean the apartment
- Consider renovations & updates (if there’s time)
- Change the locks
- Take pictures of your (clean) rental
Once you have successfully turned over your rental and have new tenants in, it’s time to take a breath and relax a bit. But that doesn’t mean your work is over.
Here are a few things you should do after turnover:
- Send prior tenants their security deposit & thank you note
- Ask for a review of the property from prior tenants
- Check-in with new tenants regularly
- Add the pictures you took of your clean & vacant rental to your rental listings
Do you have suggestions for things we should add to the lists? Comment below!