Average turn around time to get a property "Rent Ready"

By
Real Estate Technology with Rentec Direct

 

As the old saying goes.  "Time is money"

 

time is money

 

 

When a tenant moves out it is time to get your unit "rent ready".  How Long Does Tenant Turnover take you?  As soon as you receive keys your work begins.  You will need to complete a move-out inspection report and note repairs, cleaning, etc.. that will need to be done prior to your next tenant.  Some items you will have to consider as well as time is:

 

 

 

 

1) Professional carpet cleaning or is time to replace flooring?

2) Clean the unit

3) Paint

4) Change the locks

5) Test Alarms

6) Replace Air Filters

7) Need Repair or New Appliances?

8) Light Bulbs

9) Yard Care

 

What is some of the important items you pay special attention to as a property manager?

 

What about Abandoned Tenant Property?  I know we have specific laws in our area how to handle abandoned property over a specific dollar amount.  What do you do?  What is your process?

 

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Kathryn~

 

Rentec is your easy yet powerful all-in-one property management solution.  Learn more

 

Need tenant screening?  We have you covered there too.  Learn more.

 

 

 

 

 

 

 

 

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Ambassador
934,329
Frank Rubi
Frank Rubi Real Estate, LLC - Metairie, LA
FrankRubiRealEstate.com

Really dependence on the previous tenant. I hold a tight rope on all my units. Flooring I have commercial grade tile in most units so a good sweep and mop for those so no carpet issues. Within two weeks my crew usually can conduct a turn around. 

Aug 10, 2016 10:04 PM #1
Rainmaker
3,505,648
Kristin Johnston - REALTOR®
RE/MAX Realty Center - Waukesha, WI
Giving Back With Each Home Sold!

I am a landlord too so I understand weighing the pros/cons/timing/expenses

Aug 10, 2016 10:40 PM #2
Rainmaker
748,726
Rob D. Shepherd
Windermere/lane county - Florence, OR
Principal Broker GRI, SRES

Changing Locks immediatly. Then toilet seat and shower curtain. Sometimes thats all that's needed, if it was rented by "neat freaks". I am a landlord of 5 places and always hear from renters that mine are  the nicest they have seen.

Aug 10, 2016 10:50 PM #3
Rainmaker
6,026,508
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

This is good advice to share. New investors sometimes do not realize what needs attention.

Aug 11, 2016 12:17 AM #4
Ambassador
2,094,892
Debb Janes EcoBroker and Bernie Stea JD
ViewHomes of Clark County - Nature As Neighbors - Camas, WA
REALTORS® in Clark County, WA

Great advice and it can translate over to getting your house ready to "sell."  Switching out toilet seats is such a good idea and we do recommend it with every sale. When we were landlords, we would also follow a protocol of cleaning and replacing - it only makes sense. 

Aug 11, 2016 12:26 AM #5
Ambassador
2,370,678
Robert Vegas Bob Swetz
Las Vegas, NV

Hello Kathryn

Some great tips and advice for rental properties 

Aug 11, 2016 10:13 AM #6
Rainmaker
1,682,389
Larry Johnston
Broker, Friends & Neighbors Real Estate and Elkhart County Subdivisions, LLC - Elkhart, IN
Broker,Friends & Neighbors Real Estate, Elkhart,IN

I'm sure that repairs and carpet cleaning or replacement takes up most of that down time.

Aug 11, 2016 03:11 PM #7
Rainmaker
4,433,077
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

THese are great tips for landlords and property managers. Thanks for sharing.

Aug 11, 2016 09:38 PM #8
Rainmaker
2,276,948
Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Kathryn - as one who has thought about being a landlord you bring up the points that people should understand before going into it.

Aug 15, 2016 10:45 PM #9
Rainmaker
1,957,271
Michael J. Perry
KW Elite - Lancaster, PA
Lancaster, PA Relo Specialist

I don't increase my annual rents by painful amounts to avoid all of the redecorating costs !

Mar 26, 2017 08:03 AM #10
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Kathryn J.

Rentec Direct
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