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Property management services

Lease Renewals & Turnovers

Keeping a good tenant at the right rent usually beats a turnover. When tenants do leave, speed keeps the gap small.

A successful lease renewal conversation

The renewal decision is a math problem

A turnover typically costs one to two months of rent once you count vacancy, make-ready, and leasing, call it $2,000–$5,000 on a typical Tarrant County home. That's the number to weigh against any renewal decision. Squeezing a good tenant with an aggressive increase and losing them is often the most expensive "win" in landlording; leaving rent flat for years quietly costs just as much.

How we handle renewals

  • Market check before every renewal, current leased comps (the same discipline as initial pricing) so the renewal offer reflects today's market, not last year's.
  • A recommendation with reasoning, keep at market, adjust moderately, or let them go, with the turnover math shown, and the decision always yours.
  • Early conversations, renewals negotiated well before lease end, so if the tenant is leaving, marketing starts early and the vacancy gap shrinks.

When a tenant leaves: the turnover machine

  • Move-out inspection against the move-in baseline, with fair, documented deposit handling.
  • Make-ready coordination, paint, clean, repair, refresh, sequenced tightly so the property is photo-ready fast. Which improvements pay and which don't: see the make-ready guide.
  • Marketing starts before the work finishes, listing and showings queue up so days-vacant stay minimal.

The metric that matters: days vacant per turnover. Everything in this service exists to shrink it.

Common questions

How early do you start renewal conversations?

Well before lease end, typically 60–90 days, so both outcomes (renewal or turnover) have runway instead of a scramble.

Should I raise rent every year?

Sometimes, it depends on the market and the tenant. We show you the leased comps and the turnover math each time; small regular adjustments usually beat rare painful ones.

How long does a turnover take?

It depends on make-ready scope, but the system is built to overlap steps, inspection, work, and marketing run in sequence designed to minimize total days vacant.

Ready to see what your rental should earn?

Request a free rental analysis and get a clear picture of market rent, demand, and what professional management would look like for your property, no obligation.