How Long Does Tenant Turnover Typically Take | Boca Raton Property Management

Florida PMServices • February 5, 2021

The amount of time you’ll spend turning a rental property over between tenants will depend on the tenant who is leaving and the condition in which the property was left. Some turnovers are complete in two days. Others could take two months.

Turnovers can be expensive, so you’ll need a strategy to minimize the duration of the vacancy. During the days that the property is unoccupied, you’ll want to ensure it’s in excellent condition for new tenants.

There are a few important things to consider when you’re putting together a timeline for the turnover period on your Boca Raton rental property.

Start the Move-Out Process Early in the Lease Term

An efficient tenant turnover period actually begins when your tenant moves in. There are important steps you can take well in advance of the lease term’s end date.

Think about inspections. You’ll conduct an initial move-in inspection when the tenant signs the lease and prepares to take possession. This is an agreement on the condition of the property and when the tenant moves out, having this inspection report handy will allow you to conduct the move-out inspection faster, and prepare the documentation necessary for the return of the security deposit in part or in full.

You’ll also want to be sure your lease agreement establishes the notice period a tenant must provide before moving out. Most leases have a notice period of 30, 45, or 60 days. You’ll probably enjoy a shorter turnover time when you have a longer notice period because this gives you extra days and weeks to prepare for your current tenant’s departure and plan for your incoming tenant’s arrival.

Schedule Vendors and Contractors

Turnover time will also depend on how quickly you can repair the clean the property.

Plan on a few days to take care of things like painting, carpet cleaning, landscaping, and minor repairs for wear and tear items throughout the property. You may want to spend a few days making upgrades or updates that have the potential to increase what you earn in rent. If your property is going to need larger and more extensive repairs, your turnover period will be a bit longer.

Have a list of qualified vendors who will be ready to do the necessary work as soon as your tenant moves out. This will allow you to market the home faster and find a new tenant without losing a lot of rent on vacancy.

Strategic Marketing during Turnovers

The number of days during your turnover will also depend on how well you’re marketing your property. If you have a great program of online advertising and you’re responsive to every potential tenant who calls with questions or to schedule a showing, you’re likely going to have a shorter turnover period. If you wait a few days before listing the home for rent online and you’re slow to respond to inquiries, your turnover period will be a lot longer. Good tenants have plenty of options; you don’t want to lose them by being slow to respond.

These are just a few of the things that can make a difference in your turnover period. Working with a professional Boca Raton property manager can also reduce the number of days your rental property is vacant. We have systems in place to ensure the turnover period is short and productive. For more information, contact us at Florida Property Management Services.

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