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Most real estate investors focus on rent increases, but the hidden metric that drives apartment profits is tenant renewal rate.
In this Strategy Saturday episode, Charles Carillo breaks down what tenant renewal rate is, how to calculate it, and why tenant retention often matters more than raising rents. With the average U.S. apartment renewal rate sitting around 54%, tenant turnover is quietly costing owners thousands per unit each year.
You’ll learn:
What tenant renewal rate means in multifamily investing
How tenant retention directly increases NOI
Why tenant turnover often costs more than $5,000 per unit
How renewal rates signal asset health to buyers and investors
The key factors that influence whether tenants stay or leave
Understanding your property’s renewal rate and improving it year over year, is one of the most effective ways to create long-term value in multifamily real estate.
Connect with the Global Investors Show, Charles Carillo and Harborside Partners:
◾ Setup a FREE 30 Minute Strategy Call with Charles:
◾ Learn How To Invest In Real Estate: https://www.SyndicationSuperstars.com/
By Charles Carillo5
5353 ratings
Most real estate investors focus on rent increases, but the hidden metric that drives apartment profits is tenant renewal rate.
In this Strategy Saturday episode, Charles Carillo breaks down what tenant renewal rate is, how to calculate it, and why tenant retention often matters more than raising rents. With the average U.S. apartment renewal rate sitting around 54%, tenant turnover is quietly costing owners thousands per unit each year.
You’ll learn:
What tenant renewal rate means in multifamily investing
How tenant retention directly increases NOI
Why tenant turnover often costs more than $5,000 per unit
How renewal rates signal asset health to buyers and investors
The key factors that influence whether tenants stay or leave
Understanding your property’s renewal rate and improving it year over year, is one of the most effective ways to create long-term value in multifamily real estate.
Connect with the Global Investors Show, Charles Carillo and Harborside Partners:
◾ Setup a FREE 30 Minute Strategy Call with Charles:
◾ Learn How To Invest In Real Estate: https://www.SyndicationSuperstars.com/

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