Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
General Landlording & Rental Properties
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 3 years ago on . Most recent reply

User Stats

71
Posts
18
Votes
Jeff K.
  • Baltimore, MD
18
Votes |
71
Posts

1, 2, 3 bedroom renter turnover

Jeff K.
  • Baltimore, MD
Posted

Hi BP folks.

Does anyone have experience to compare the amount of time renters remain in their 1, 2, 3 BR apts.?

Are 1 BR renters more transient or prone to leaving and not renewing their lease? Do 2 and 3 BR renters stick around longer?

Although I am guessing it varies by region/type of tenant/ quality of property-have you found that there is a difference based on socioeconomics/neighborhood?

I would love to hear any feedback.

Most Popular Reply

User Stats

795
Posts
768
Votes
Brandon Hicks
  • Investor
  • Avilla, IN
768
Votes |
795
Posts
Brandon Hicks
  • Investor
  • Avilla, IN
Replied

I have a 1 bed tenant that has been in there since 1996 and a 2 bed tenant just as long. I also have a 3/2 house I started renting in summer of 2008 and Ive just signed a lease with my 7th family.

I currently own (3) 3 beds (11) 2 beds and (26) 1 beds including a 12 unit complex I just bought.

I prefer 1 and 2 bed apartments over houses to be honest.

Loading replies...