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Updated 10 months ago,
Tenant turnover in househack
Hi BP Community -
I'm struggling with tenant turnover. While everyone has fulfilled their leases and I've had zero vacancy in my 5 bedroom 4 bath home in North Austin, almost every tenant has departed after three month trial lease. Most have left due to personal reasons and claim it's nothing to do with the house. I keep systems in place for cleanliness, quiet hours, etc... Everything works great (knock on wood) and the home is in great shape. I'm looking for ways to get tenants to sign longer leases and stay longer.
I'm currently doing 3 month trial leases and if they feel it's a good fit, they can extend to a longer term lease or do a month to month and a higher rate.
Any suggestions on getting tenants to stay longer is appreciated. I'm new to this so thank you for the wisdom and insight.