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Resident retention ideas help reduce turnover in leased properties, a critical key performance indicator (KPI) every propertymanager pays attention to. But the propertymanagers weve consulted have told us something interesting. These legacy strategies are too reactive and far too basic.
Landlords must stay informed about these changes by regularly reviewing legal updates or consulting with legal professionals. When reviewing rental applications, landlords should establish objective criteria such as income verification, credit scores, rental history, and references.
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