Target rental turn time?

[CJ C.]

Hi All, Have bought a couple occupied properties and hitting vacancies for the first time as tenants start to move for jobs / life reasons. If the property is priced right for the area - wondering what is a “reasonable” time frame for your property manager to turn and re-rent the property to a (quality) tenant and at what point would you think your property manager is being too slow? Thanks!

[Deanna McCormick]

I managed a 120 unit complex, all turns were done in 24 hours,

Painting, carpet cleaning, turn cleaning, locks, we had a well managed crew and averaged 5 to 12 (during usually June) turns a month.  combo of 1 and 2 br units.

All depends on what you have and what's needed. 

We prepped did a walk thru 2 weeks prior to order any needed supplies, we did some repair work early if we found that we could, Our Painter was not in house he was FABULOUS,, he would work non stop, and others followed as soon as he was done. So as soon as tenant gave notice we started scheduling any needed work for that unit. and anyone leaving early we sent crew in immediately. 

We did not  have a model unit to show,, I showed occupied units with notice and was usually rented up within 2 weeks of notices, we had a popular location and units were a little higher price but in high demand. 

I had occupancy of 98% for 5 years running,, we RARELY ever had a vacant down for more than 2 weeks..EVER..