Tenant turnover can be expensive. An apartment earning $950/month in rent can end up costing nearly double that in monthly costs during tenant turnover. While not every reason for tenant turnover is in the owner's immediate control, you can do things to mitigate it. Smart amenities, including now necessary broadband, encourage tenants to stay put, and attract tenants when you do have a vacancy.

 

Better connectivity means greater tenant retention: as much as 5-8%! 

Smart Amenities Reduce Tenant Turnover