Let’s Talk Tenant Turnover—And Why Long-Term Stability = Better ROI

[Jay Hines]

Cash flow gets all the attention, but here’s a quiet killer of returns: tenant turnover. Every time a tenant moves out, you’re looking at vacancy loss, make-ready costs, marketing, and time spent screening new applicants.

Long-term rentals shine because they’re built for stability. Here’s why that matters:
🔁 Lower turnover = lower costs
🛠️ Fewer repairs between tenants
📉 Reduced vacancy risk
🤝 Stronger relationships = better property care

We’ve found that when tenants stay longer, not only do expenses drop—but the property itself tends to stay in better shape. That’s a win for both the investor and the resident.

In our experience managing properties across the Maryland area, tenant retention is one of the most overlooked drivers of ROI. Want to talk strategies for keeping great tenants long-term? I'm always open to a conversation.