We’ve all heard of the old saying “time is money”. And as a Property Manager you surely know that, when it comes to vacant units, those words get a whole new, strong sense.
There probably are moments in which you feel pulled by the demands from your clients, who don’t want their property to be empty for long; the urge of applicants who’re looking for a nice place to move into; and the actual conditions in which the unit is, that sometimes require some work before it’s ready to receive a new tenant.
So, of course, you want to have your units ready as soon as possible. But this isn’t always an easy endeavor: you need to coordinate with different vendors for each of the works, and keep your fingers crossed that every one of them will show up on time and deliver.
All and all, you know that having a unit ready will take an average of 10 days. What if we told you that you can reduce that time by 85%? Yes, as you hear it! When we take over turns, we make in 1.5 days what takes others 10 days. This is possible thanks to the fact that we are an all-in-one solutions company, and we have a team that can take care of all the steps that turns require in a coordinated way that avoids stepping onto one another’s work or having to redo things.
Let’s talk numbers.
You, better that anyone, know that a vacant unit means loss of money. But, do you really know how much it is? Let us walk you through it.
If the average rent is $1,200 a month, this means it’s $40 a day. When you have a unit vacant for 10 days while they’re working on it, this means that unit’s loss is $400, right? But if you had the same unit ready in 1.5 days with us, it’ll give you $340 in leasing revenue since you’ll have it available for 8.5 days more.
Let’s go bigger and think every 10 units: this would mean $3,400 each month, which translates into $40,800 in a year!
We are sure that this could help you meet and even exceed your occupancy and rental revenue of your Budgets. Sounds great, doesn’t it?
By partnering with us as your one-stop-shop solution for the turns of the units you manage, you’ll be making a game-changing decision in your results as Property Manager. Not only you’ll be saving time and money, but also will avoid the headaches of working with multiple vendors, and have the peace of mind to know that the outcome will be what you expect.
Get in touch with 360 Apartment Renovations, and have a partner you can rely on for your turns.
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