We discuss the often overlooked benefits of tenant retention vs tenant turnover, revelaing the hidden costs and risks associated with finding new tenants and why keeping existing tenants is a financially smarter strategy. With advice drawn from over two decades of real estate experience, this discussion reveals practical strategies for minimizing vacancies and optimizing profits. Whether you're a new investor or an experienced property manager, this episode offers essential tips and insights for enhancing your real estate portfolio's performance through effective tenant retention techniques.
Episode notes are available at:
https://propertymanagementmemphis.com/podcast/true-cost-of-tenant-turnover-exposed/
Check out our sponsor, Memphis Real Estate Advisors:
https://memphisreadvisors.com or call at 901-671-1015.
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