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Updated over 7 years ago,
What do your unit turnovers actually cost?
When you are turning over a unit after a tenant moves out, what does it actually cost you on average? I know we budget X percentage, but I'm curious what others are actually paying.
We have 2 four plexes that are C properties. Every time someone moves out we have to fix holes in the wall. Also, I just found out, when they move out, they leave all their crap behind for us to clean out. That includes furniture, food, etc. Cleaning all their junk is a large portion of the time and cost, because their furniture has to be hauled off to the dump. Our average turnover is about $1500.