Tips for a Successful Property Turnover

Reading Time: 3 minutes

  Property turnovers are probably one of the most exciting aspects of owning or renting a property. To make the transition smooth and hassle-free, here’s what you should do to achieve a successful property turnover.   What is a turnover? A property turnover is the time frame from when your tenant who currently lives in…

Tips for a Successful Property Turnover

 

Property turnovers are probably one of the most exciting aspects of owning or renting a property. To make the transition smooth and hassle-free, here’s what you should do to achieve a successful property turnover.

 

What is a turnover?

A property turnover is the time frame from when your tenant who currently lives in your unit leaves and the new tenant moves in. Many times, your lease may end at midnight. We avoid that because the new tenant wants to move in immediately in the morning. So you are going to have maybe 3-6 hours to clean the unit and do any repairs.

 

A man and a woman are receiving keys from a third person.

 

How to Ensure a Successful Property Turnover

Green Ocean Property Management is all about giving you peace of mind. We share some of the things that we do to ensure that your transition from one tenant to another goes smoothly.

 

#1 We end the leases earlier

The city of Boston has guided us to suggest doing leases that end earlier, say August 29th, August 30th, or September 1st movement, allowing a couple of days. In the worst-case scenario, we have all our leases at 5 p.m. so that allows us to have at least 12 hours to prepare the unit for the new tenant. It’s amazing what you can do in 12 hours. We turned over 100+ units this past September, and a lot of them included painting, carpeting, and of course, cleaning. 

 

#2 We finish all the homework in advance

We walk through the unit starting a month earlier. This is because we want to see which units are in bad shape.  It also includes talking with the current residents and seeing if they damaged anything that they want us to fix. We don’t want to avoid it and have issues with our new residents on their first day when they move in. So we try to make those repairs in advance, making it very clear that if we do any repairs, the current (outgoing) tenants are responsible for the cost.

 

#3 We do a walkthrough with the incoming tenants

A real estate agent is showing a couple a house.

 

We suggest and offer to all incoming residents for them to do a walkthrough with us. That allows us to avoid the headaches on their move-in day on September 1st. We let them see the condition of the property firsthand. After the walkthrough, they sign a document that states they have seen the unit, and it includes a list of the things they request to be done before they move in.

 

If there are any other issues, we are going to work with them after they have moved in. But it calms everybody down. You just want to avoid any type of surprises on the move-in date.

 

Our commitment

If you or anyone else you know is looking to help you achieve a successful property turnover, please think of Green Ocean Property Management: where you get more than a property manager, you get peace of mind.

Hiver for Gmail, Explained

Hiver for Gmail, Explained

Posted in ,

  Fast and open communication has always been our top commitment. We keep it that way within our company and, most importantly, towards our partners and clients. Today, our CEO Jarrett Lau shows you how we do that with Hiver, the world’s 1st Gmail-based Helpdesk. With it, our entire team is always only one click…

Parking Space

Effective Way to Maximize Profits with Parking

Posted in ,

  According to research conducted by GoCityWide, 95% of a car’s lifetime is spent being parked making a lot of landlords invest in parking spaces for their properties. Although not everyone has parking spaces, many landlords have big open spaces in their property that can be turned into one with our help. In today’s article, we…

3 Tools We Use for Efficiency

3 Tools We Use for Efficiency

Posted in ,

At Green Ocean Property Management, we are committed to ensuring safety and comfort in all our properties. In today’s article, read about how we take advantage of property management technology with the top three tools we use for efficiency. We invest in only the best tools to diagnose and solve problems, such as the FLIR…

Experience exceptional management and elevate your property with us

Stay updated with market trends and changes

Expert knowledge and advice to help make your life as a property owner easier.