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Updated over 5 years ago,
Is 3 month turnover beteen tenants normal
Hey all,
I have and issue filling in my properties. I have (1) 4/plex, (1) single family, and (3) 2/plex in Milwaukee WI, and in all three types we are on average three to four months turnover between tenants. We are using a property manager with plenty of experience because we are not local and it seems like they are doing everything in there power to advertise or promote them. I am wondering if it’s just this market, property manager, or my requirements for tenant approval. Has anybody experienced something similar or is it just me.
The area are in “C” & “B” class neighborhoods.
Thank you in advance for any advice.