The nature of renting is often transient, however a lower tenants turnover will mean lower costs.
Retaining a current tenant is much less expensive than advertising, approving, and moving a new tenant in.
It can also reduce the amount of time and money spent on cleanup and other superficial wear and tear maintenance.
So how do you encourage your tenants to put down roots in your space?
Providing your tenants with a well maintained, comfortable home with a solid community with a well-informed, reliable property manager, will help you retain more of your tenants come renewal time.