Turning A Property From Tenant to Tenant

[Mike Toole]

Hello All,

There's a chance that my current tenant will move out on 9/30, and a new tenant will move in in Oct.

Of course the most ideal scenario would be having the new tenant move in on 10/01, but this seems impractical, as I will need time to inspect, repair, and clean the house.

My question is, how many days do you typically reserve for cleaning & repairing the property, before turning the property to the next tenant?

I want to maximize the profit as much as possible, but at the same time I don't want to give myself too little time to clean/repair the house.

Any inputs would be much appreciated!

[Julien Jeannot]

Mike,

That really depends on the type and amount of work needed to be done.

I'd recommend walk through of the property as soon as possible if you have not done your bi-yearly yet and assess what needs to be done. With that list in mind, start lining up contractors and materials to start as soon as vacant. Once the work is done a deep clean should take no more than a couple of days including professional carpet cleaning.

I would also recommend, once the unit is looking its best, to take professional pictures for future listing.

Another trick is to start marketing the property a month or two out.