💸 Why Tenant Turnover Hurts Your Bottom Line

Even a one-month vacancy can wipe out months of cash flow. Consider the costs:

• Lost rent

• Listing and marketing fees

• Deep cleaning and repairs

• Time spent showing the unit

• Risk of placing an unqualified new tenant

Reducing turnover means fewer expenses, more stability, and stronger returns.

🔍 Why Tenants Leave — And How to Prevent It

Common reasons tenants move out include:

• Maintenance issues that go unresolved

• Lack of clear communication with landlords

• Unpredictable rent increases

• Feeling like just a number, not a resident

Prevention starts with professional, respectful management. A clean, well-maintained property — and a landlord who responds quickly — goes a long way.

😊 Simple Ways to Improve Tenant Satisfaction

• Respond to maintenance requests within 24–48 hours

• Keep the property clean and functional

• Respect your tenant's privacy and schedule

• Send reminders and updates professionally

• Provide clear, fair lease terms

Small gestures, like a thank-you note after lease renewal or a timely repair, build trust and loyalty.

📝 Lease Renewal Strategies That Work

Want to keep great tenants? Make staying easy.

• Offer early lease renewal options (2–3 months before end)

• Keep rent increases modest and predictable

• Offer small incentives (new paint, ceiling fan, minor upgrade)

• Highlight the benefits of staying: no move-out costs, known systems, stability

🤝 How Lakea Helps You Retain Tenants

At Lakea, we prioritize tenant satisfaction as much as owner results. Our proactive maintenance, clear communication, and reliable support help reduce turnover and increase your property’s profitability.

We treat tenants like people — not just occupants — and that’s why they stay longer.