• Owners
    • Owners
    • Owner Portal
    • Prospective Clients
    • Current Clients
    • Sell Your Rental
    • F.A.Q.
    • Rental Proforma
  • Tenants
    • Tenants
    • Tenant Portal
    • Prospective Tenants
    • Current Tenants
  • Blog
  • Call Us Today (918) 351-7000
  • Schedule A Phone Call

Keyrenter Property Management Tulsa

  • Property Management
    • Tulsa Areas
      • Bixby, OK
      • Bolewood, OK
      • Brady Heights, OK
      • Broken Arrow, OK
      • Brookside, OK
      • Charlane Estates, OK
      • Cherry Street, OK
      • Collinsville, OK
      • Florence Park, OK
      • Glenpool, OK
      • Jenks, OK
      • Kendall Whittier, OK
      • Maple Ridge, OK
      • Maple Ridge North, OK
      • Midtown Tulsa, OK
      • Northside, OK
      • Owasso, OK
      • Pearl District, OK
      • Ranch Acres, OK
      • Route 66, OK
      • Whiteside, OK
    • Comprehensive Services
      • Tenant Screening
      • Eviction
      • Property Inspections
      • 24/7 Maintenance
    • Types of Management
      • Homes & Condos
      • Apartments
      • Multi-Family
      • Lease Only
    • Who We Serve
      • Rental Homeowners
      • Multi-Family Apartment Managers
      • Real Estate Investors
      • Realtors
    • Learning Center
      • Should I Manage My Property
      • Keeping Maintenance Cost Low
      • Staying Informed From Afar
      • How to Choose A Property Manager
  • Search Rentals
  • Pricing
  • Tenants
  • About Us
    • Testimonials
    • Meet The Team
  • Contact

Best Practices in Retaining Good Tenants and Why it Pays Off

A vacancy in your property will ultimately cost you money. Though the property won’t be used, it will still require maintenance costs, which will lose you money, because it won’t be bringing in rent. Though it is possible to eliminate vacancy time between tenants, it is far more effective to retain good tenants in the first place. When you have a good tenant, it is vital to take all of the steps necessary to increase the overall tenant retention of your property. A property management company can go a long way toward improving how effectively your business functions. 

Make a Tenant Retention Plan

Creating a plan can go a long way toward ensuring that you undergo all of the necessary steps to increase the tenant retention of your business. The plan will include many aspects, like the leasing process, rent-structure, and maintenance schedule. 

Communication is Key

It is important to communicate properly with your tenants. Thorough communication will allow you to catch problems that may be plaguing your tenants. It is important to be available to respond quickly and efficiently to tenants’ concerns. In addition, the way you communicate with your tenants can affect the relationship they have with you, which can also go a long way toward improving their overall satisfaction. 

Maintenance and Upgrades

In order for tenants to be happy, it is important to provide the proper maintenance to your properties. This will prevent problems from occurring and will allow your tenants to feel much more comfortable. Other upgrades can help to increase the satisfaction of your tenants. Embracing technology, improving the property’s security, and increasing the energy efficiency of your property can go a long way toward making the property a more comfortable place to live. 

Remember Special Dates

Remembering special dates, like birthdays or anniversaries, can add a very personal touch to your relationship with your tenants. It can help them feel valued and appreciated. An act that is as simple as sending a text or email to a tenant on their birthday can go a long way toward improving the tenant retention of your property. Tenant retention can help to maximize your business’s profits. It can help to minimize the expenses that are associated with filling a vacancy in your property. These processes can also help to ensure that good quality tenants stay in your properties. To learn more about the best strategies to increase tenant retention, contact us at Keyrenter in Tulsa today!

Filed Under: Property Management

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

KEYRENTER TULSA PROPERTY MANAGEMENT

110 S. Hartford Ave, Suite 2502
Tulsa, OK 74137
(918) 351-7000
 
Monday9:00 AM - 5:00 PM
Tuesday9:00 AM - 5:00 PM
Wednesday9:00 AM - 5:00 PM
Thursday9:00 AM - 5:00 PM
Friday9:00 AM - 5:00 PM
SaturdayClosed
SundayClosed

Recent Posts

  • Best Fair Housing Practices for Landlords in Tulsa, Oklahoma
  • Is it Better to Rent or Buy a Home in Tulsa, Oklahoma with Today’s Market?
  • What Investors Want to Know

OTHER KEYRENTER LOCATIONS

Arizona

  • • Scottsdale

California

  • • Berkeley / Oakland
  • • Napa
  • • Sacramento
  • • San Diego
  • • Solano County
  • • Silicon Valley

Colorado

  • • Denver
  • • South Denver

District of Columbia

  • • Washington, DC

Florida

  • • Fort Lauderdale
  • • Jacksonville
  • • Palm Beach

Georgia

  • • Atlanta

Idaho

  • • Boise

Illinois

  • • Chicago North

Massachusetts

  • • Merrimack Valley

Maryland

  • • Annapolis
  • • Prince George County

Missouri

  • • St Charles

Nevada

  • • Las Vegas

New Hampshire

  • • Bedford

North Carolina

  • • Huntersville

Oklahoma

  • • Tulsa

Pennsylvania

  • • Philadelphia (Main Line)

Texas

  • • Austin
  • • Houston
  • • Irving
  • • McAllen
  • • North Dallas
  • • San Antonio

Tennessee

  • • Chattanooga

Utah

  • • Ogden / Layton
  • • Provo
  • • Salt Lake
  • • St George
  • • Tooele

Virginia

  • • Alexandria
  • • Hampton Roads
  • • Richmond
  • • Augusta County

Washington

  • • Tacoma
Copyright @ 2019 Key IP, LLC. All Rights Reserved | Privacy Policy | Terms | User Sitemap | XML Sitemap