πŸ“– Guide to Happy Tenants: Part 2 | The ROI

June 18, 2023
By
Hococo

‍Leverage the impact of happy tenants on your ROI

In the first part of our Guide to Happy Tenants, we focused on measuring tenant satisfaction. In this second part, we look at the ROI of rental real estate. You will get insights on:

  • What are the struggles of improving profitability in rental properties
  • What are the traditional approaches to improving the ROI - and what are their potential risks
  • How does the tenant-centric path to better ROI look like - and why you should focus on tenants' lifetime value (LTV).


‍+ A free Tenant Lifetime Value Calculator to find out how your property is performing and how much you could save by changing your approach.
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Start your journey to better ROI with happy tenants today!
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Download ROI of Happy Tenants -guide

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Higher tenant satisfaction leads to better ROI

In the real estate sector, there has long been a general idea that the tenant is a cost that should be minimised in every possible way. Fortunately, this mindset is changing.

Increasingly, the tenant is seen as an important customer whose satisfaction leads to increased profits and better business – things that have been taken for granted in many other business sectors for years.

Keeping existing tenants happy is particularly profitable. It leads to:

  • Lower churn
  • Lower turnover costs
  • Better Tenant Lifetime Value (LTV)
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…and to satisfied tenants who take good care of their homes and the common areas of the property.

Ready to become customer centric?

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