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Updated about 6 years ago,

User Stats

8
Posts
2
Votes
John G.
  • Investor
  • Austin, TX
2
Votes |
8
Posts

More Storage = Lower Turnover?

John G.
  • Investor
  • Austin, TX
Posted

My business partner has a hypothesis that spending extra money to build an abundance of storage space into a rental unit will keep tenants "sticky". The idea is tenants will get more stuff and the stress/expense of moving will make them less likely to leave resulting in lower turnover and higher occupancy rates.

However I have seen many investors appearing to spend minimally on storage space and cabinetry to save money.

Opinions?

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