Topic
Turn time, vacancy loss, and what a make-ready actually costs per day.
Turns and make-ready
The industry quotes 5 days. That number assumes one building and a full crew. Here is what turn time actually costs, and why the average hides the properties bleeding money.
Turns and make-ready
A 40-item checklist gets skipped. The version that survives contact with a Friday move-out has stage gates, a photo requirement, and about eight items per stage.
Turns and make-ready
Lost rent is the obvious line. It is also the smallest one. Here is the full cost of a vacant day, including the four charges that never get attributed to the turn.
Turns and make-ready
A damage charge is only as good as the evidence behind it. Most disputes are lost at move-in, not at move-out, and the fix is a photo set nobody took.
Turns and make-ready
The whiteboard shows you which units are down. It cannot tell you which vendor is coming Thursday, or that two turns are waiting on the same painter.