Find qualified tenants quickly without the hassle
Managing lease renewals is a critical part of maximizing your real estate investment. Doorstead’s renewal strategy is designed to increase your rental income while minimizing the high costs associated with vacancy and turnover. By combining market-driven pricing with proactive, compliant outreach, we deliver a renewal process that is efficient, predictable, and profitable for property owners.
What are the financial benefits of renewing with Doorstead?
Retaining a tenant is significantly more cost-effective than finding a new one. Avoiding a single turnover can save an owner between $5,000 and $7,000 in vacancy and leasing costs.
- Average Rent Growth: Doorstead achieves an average renewal increase of 6.5–7.5%, while balancing for tenant retention
- Annual Gain: For a typical $3,000/month home, this equates to roughly +$2,500 annually.
- The "Retention Advantage": When you combine rent increases with avoided turnover costs, owners often see a $5,500–$7,500 annual advantage per retained tenant.
At Doorstead, we achieve 70%+ average annual tenant retention, outperforming common residential benchmarks.
What is the Doorstead renewal timeline?
Lease renewal outreach begins well in advance to ensure legal compliance and give owners a 14-day decision window before tenants are contacted.
Lease Renewal Outreach Timeline by Market
| Market |
Owner Outreach |
Tenant Outreach |
| CA, TX, FL, NC |
90 days prior to lease end |
75 days prior to lease end |
| Washington State |
210 days prior to lease end |
195 days prior to lease end |
| Massachusetts |
120 days prior to lease end |
105 days prior to lease end |
What safety evaluations are required for renewals?
To maintain habitability and protect your asset, an annual safety evaluation is required. Doorstead offers two streamlined options:
- Tenant Self-Led Safety Evaluation (No Cost): A brief, 5-minute digital form where the tenant confirms the functionality of smoke detectors, CO detectors, locks, and the absence of mold.
- In-Person Safety Evaluation ($150): A Doorstead Field Associate visits the property to visually assess safety items and document any maintenance concerns for follow-up.
Frequently Asked Questions (FAQ)
How does Doorstead determine renewal rent prices?
Doorstead uses a "Smart, Sustainable" growth model. We balance current market data with tenant retention goals to ensure your rent increases are competitive without being so aggressive that they trigger an expensive vacancy.
What happens if a tenant decides not to renew?
If a tenant chooses to move out, Doorstead manages the entire transition. We handle the turnover maintenance and the re-leasing process end-to-end to find a new high-quality tenant as quickly as possible. You can find out more details here.
Is the renewal process hands-on for owners?
No. The process is designed to be "hands-off." Owners can review and approve renewal terms in just a few clicks via our platform. We handle all fair-housing-compliant documentation and outreach.
Contact Doorstead Support
For further questions regarding your specific property or renewal terms, please reach out to our team:
📩 [email protected]
📞 (415) 877-9235 | (888) 966-5572
🕘 Monday–Friday, 9am–5pm PT
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