The most profitable turnover is the one that never happens. Retaining good tenants is far more cost-effective than finding new ones.

Physical keys pose a significant security risk. They can be copied, lost, or never returned by former tenants or contractors. Smart locks eliminate this problem by replacing traditional keys with digital access codes.

After receiving your notice, the tenant has 15 days to object to the deductions in writing. If they do not object within this timeframe, you may deduct the claimed amount and must return the remainder of the deposit to them within 30 days of your initial notice.

Upgrades can lift rent, but the impact is highly local. Energy-efficient or “green” buildings often see modest rent premiums (about 2–6%).