2 min read

Turnover Costs Are Sneaky: Here’s How We Minimize Them

Turnover Costs Are Sneaky: Here’s How We Minimize Them
Turnover Costs Are Sneaky: Here’s How We Minimize Them
3:05

Vacancy might seem like just a month without rent, but the real cost of turnover? It’s sneakier than you think.

From cleaning and repairs to marketing and re-leasing, a single turnover can cost owners hundreds to thousands of dollars. That’s why Navigate Property Management treats every lease like a long-term investment, because the best way to protect your returns is to minimize turnover in the first place.

Here’s how we do it:

Tenant Screening That Goes Deep

A high-quality tenant is your best defense against costly turnover. Our 10-step screening process goes far beyond a credit score. We verify income using Experian’s advanced tools, check criminal records in all 50 states, confirm employment through TheWorkNumber, and conduct thorough fraud detection on emails, phone numbers, and even IP addresses.

We also dig into rental history and landlord referrals, because a polished application is one thing, but real-world behavior matters most.

Clean Transitions, Fast Turnarounds

When a lease ends, our team kicks into high gear. We schedule make-ready services immediately, handle utility transitions, and get vendors on-site fast, thanks to pre-negotiated rates and in-house coordination.

We never let a unit sit idle. Our goal? Get it back on the market (and earning) within days, not weeks.

Maintenance That Prevents Surprises

A leaky faucet today can become a flooring bill tomorrow. That’s why our team takes proactive maintenance seriously, using regular inspections and tenant-reported issues to stay ahead of problems before they snowball.

We also enforce move-out cleanliness standards and lease terms that hold residents accountable for preventable damage.

Quarterly Evaluations and Resident Retention

Before a lease renewal, we perform a full-property evaluation with photos of every room. Why? It protects your asset and gives us an opportunity to check in with the resident, ensuring satisfaction and reinforcing accountability.

And when a great tenant is up for renewal, we go the extra mile to keep them, sometimes offering small incentives or flexible terms to make staying easier than starting over.

No-Surprise Owner Accounting

From day one, owners fund a $450 reserve account for seamless maintenance and turnover needs. You’re never caught off guard by small repairs, and we’ll always keep you updated on anything that goes beyond your preset limits.

Everything is tracked in your owner portal, including contributions, disbursements, and real-time reports.

Don’t Let Turnover Eat Into Your ROI

With Navigate, you're not just getting a property manager, you’re getting a strategic partner who’s laser-focused on protecting your bottom line. We reduce vacancy time, screen for staying power, and manage transitions like clockwork.

Let’s keep your rental running smoothly and your cash flow strong.

Ready to protect your property and your profits?

Let’s talk. Call us at (214) 305-9166 or visit our website to get started.

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