four tenant retention tips: giving your tenants a reason to stay
DESCRIPTION
Too many vacancies in a year is almost as bad as accidentally letting in an irresponsible tenant. At least with tenants like that, we can avoid them by practicing a proper tenant screening protocol. Please visit http://www.rentecdirect.com/ for more information.TRANSCRIPT
![Page 1: Four Tenant Retention Tips: Giving Your Tenants A Reason To Stay](https://reader035.vdocument.in/reader035/viewer/2022070321/558cdb02d8b42ade118b4626/html5/thumbnails/1.jpg)
Four Tenant Retention Tips: Giving Your Tenants A Reason To Stay
![Page 2: Four Tenant Retention Tips: Giving Your Tenants A Reason To Stay](https://reader035.vdocument.in/reader035/viewer/2022070321/558cdb02d8b42ade118b4626/html5/thumbnails/2.jpg)
![Page 3: Four Tenant Retention Tips: Giving Your Tenants A Reason To Stay](https://reader035.vdocument.in/reader035/viewer/2022070321/558cdb02d8b42ade118b4626/html5/thumbnails/3.jpg)
Being a property manager, establishing a good relationship with our tenants is important if we want to avoid having too many vacancies at once.
![Page 4: Four Tenant Retention Tips: Giving Your Tenants A Reason To Stay](https://reader035.vdocument.in/reader035/viewer/2022070321/558cdb02d8b42ade118b4626/html5/thumbnails/4.jpg)
So, for us to encourage a high chance of our tenants renewing their lease agreements, here are what we can do:
![Page 5: Four Tenant Retention Tips: Giving Your Tenants A Reason To Stay](https://reader035.vdocument.in/reader035/viewer/2022070321/558cdb02d8b42ade118b4626/html5/thumbnails/5.jpg)
![Page 6: Four Tenant Retention Tips: Giving Your Tenants A Reason To Stay](https://reader035.vdocument.in/reader035/viewer/2022070321/558cdb02d8b42ade118b4626/html5/thumbnails/6.jpg)
Talk to them early. About 12 to 24 months before they reach the end of their lease agreement, we can approach our tenants and start negotiating a renewal.
![Page 7: Four Tenant Retention Tips: Giving Your Tenants A Reason To Stay](https://reader035.vdocument.in/reader035/viewer/2022070321/558cdb02d8b42ade118b4626/html5/thumbnails/7.jpg)
![Page 8: Four Tenant Retention Tips: Giving Your Tenants A Reason To Stay](https://reader035.vdocument.in/reader035/viewer/2022070321/558cdb02d8b42ade118b4626/html5/thumbnails/8.jpg)
Answer to their needs A.S.A.P. If they feel like they’re being well-cared for, the higher the chances will be of them renewing their lease agreement and staying longer in our properties.
![Page 9: Four Tenant Retention Tips: Giving Your Tenants A Reason To Stay](https://reader035.vdocument.in/reader035/viewer/2022070321/558cdb02d8b42ade118b4626/html5/thumbnails/9.jpg)
![Page 10: Four Tenant Retention Tips: Giving Your Tenants A Reason To Stay](https://reader035.vdocument.in/reader035/viewer/2022070321/558cdb02d8b42ade118b4626/html5/thumbnails/10.jpg)
Answer to their needs A.S.A.P. If they feel like they’re being well-cared for, the higher the chances will be of them renewing their lease agreement and staying longer in our properties.
● It may seem a little costly at first, but we can consider it an investment since it can encourage tenants to stay longer in our properties.
![Page 11: Four Tenant Retention Tips: Giving Your Tenants A Reason To Stay](https://reader035.vdocument.in/reader035/viewer/2022070321/558cdb02d8b42ade118b4626/html5/thumbnails/11.jpg)
![Page 12: Four Tenant Retention Tips: Giving Your Tenants A Reason To Stay](https://reader035.vdocument.in/reader035/viewer/2022070321/558cdb02d8b42ade118b4626/html5/thumbnails/12.jpg)
Pay immediate attention to problems. The moment a tenant calls about a problem, we have to see to it that it is being attended to immediately. This is so we can already analyze if it’s a problem that can quickly be fixed or something that needs time.
![Page 13: Four Tenant Retention Tips: Giving Your Tenants A Reason To Stay](https://reader035.vdocument.in/reader035/viewer/2022070321/558cdb02d8b42ade118b4626/html5/thumbnails/13.jpg)
![Page 14: Four Tenant Retention Tips: Giving Your Tenants A Reason To Stay](https://reader035.vdocument.in/reader035/viewer/2022070321/558cdb02d8b42ade118b4626/html5/thumbnails/14.jpg)
t’s important that we try to avoid too many vacancies for a steady and consistent income by giving our tenants a reason to stay. www.rentecdirect.com