06/25/2025
Turnover is sneaky expensive.
Most people just think “missed rent,” but it’s everything else too — paint, cleaning, repairs, time, stress, and finding someone new who actually qualifies.
Best advice I’ve learned: keep the good tenants. Fix stuff fast. Stay in touch. It’s cheaper to keep someone happy than to start over.
This article explains it better than I can, but it’s dead on:
https://www.mysmartmove.com/blog/tenant-turnover-infographic
— MHI Investment and Management LLC
TransUnion infographic highlights research on costs of tenant turnover as well as underlying reasons why renters move. Plus tips on how to avoid tenant turnover. Learn more!