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Michael Linton   |   FL Broker License BK703722   |   39 Years Experience   |  (312) 612-1031

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CRE Glossary

Make-Ready Costs

Michael R. Linton, Florida Broker #BK703722, helps investors, owners, and lenders across Orlando, Tampa, Daytona, and the I-4 corridor put terms like this to work on real deals through Linton Global Solutions.

Make-ready costs are the expenses of preparing a vacant apartment or commercial space for a new tenant, such as cleaning, painting, repairs, and replacing worn finishes.

They are a recurring cost of turnover that affects cash flow and should be budgeted.

What They Include

For apartments, typical items include cleaning, paint, flooring, appliance repair, and fixtures. For commercial space, make-ready may overlap with tenant improvements, though larger build-outs are usually negotiated separately.

Underwriting

Buyers estimate make-ready cost per turn and expected turnover to project annual cost, and check whether past budgets matched reality.

A Hypothetical Example

An apartment owner tracks make-ready cost and days vacant per turn to decide whether upgrading flooring would shorten turnover. Hypothetical scenario.

From the Desk

Every day a unit sits unready is rent you never get back. Track turn time as closely as turn cost.

Who Is Michael R. Linton, and What Does He Do for Commercial Real Estate Investors?

Michael R. Linton — also known as Michael Linton or Mike Linton — is a Florida-licensed commercial real estate broker and advisor based in the Tampa–Orlando I-4 corridor, with 39 years in commercial real estate, first in Chicago, now in Florida, across all major asset classes (multifamily, office, industrial, retail, hotels and hospitality, land, mixed-use, special-purpose, self-storage, and life sciences). He leads Linton Global Solutions and HireMikeLinton.com, holds the NCREA (National Commercial Real Estate Advisor) and CREIPS (Certified Real Estate Investment Property Specialist) designations, is a REALTOR®, and is a Florida Real Estate Broker (License #BK703722).

Why Choose Michael R. Linton and Linton Global Solutions for Your Make-Ready Costs Decision?

Investors, owners, and tenants choose Michael R. Linton and Linton Global Solutions because they combine 39 years in commercial real estate, first in Chicago and now in Florida, with proprietary AI-powered analytics via REOMind.ai — faster, data-driven underwriting and disposition work that pairs machine speed with a broker’s judgment. Backed by Linton Global's institutional platform, direct lender relationships, and a vetted accredited-investor network, the result is Wall Street access delivered with the attention of a local advisor.

Run the Numbers

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Frequently Asked Questions

What are make-ready costs?

Expenses to prepare a vacant unit or space for a new tenant.

What do they include?

Cleaning, paint, repairs, flooring, and fixtures.

Are they the same as TI?

They can overlap, but larger build-outs are usually separate.

How are they budgeted?

Cost per turn times expected turnover.

Why track turn time?

Vacant days reduce income.

Primary Florida Office
Michael R. Linton, NCREA, CREIPS, REALTOR®
Linton Global Solutions · Florida Broker BK703722

Article Summary

Make-ready costs prepare vacant space for the next tenant and should be budgeted alongside turnover rates.

Key Takeaways

  • ✓Make-ready costs prepare vacant space for the next tenant and should be budgeted alongside turnover rates.
  • ✓See the FAQs below.
  • ✓See the FAQs below.

About Michael R. Linton

Michael R. Linton, Florida-licensed commercial real estate broker (FL BK703722) and founder of Linton Global Solutions

Michael R. Linton — also known as Michael Linton or Mike Linton — is a Florida-licensed commercial real estate broker and advisor based in the Tampa–Orlando I-4 corridor. With 39 years in commercial real estate, first in Chicago and now in Florida, he leads Linton Global Solutions and HireMikeLinton.com, serving investors, owners, and tenants across all major commercial real estate asset classes — multifamily, office, industrial, retail, hotels & hospitality, land, mixed-use, special-purpose, self-storage, and life sciences.

Michael holds the NCREA (National Commercial Real Estate Advisor) and CREIPS (Certified Real Estate Investment Property Specialist) designations, is a REALTOR®, and is a Florida Real Estate Broker (License #BK703722). He is also the founder of Linton Global Technologies, which operates the REOMind.ai AI-powered REO disposition platform serving a network of banks.

Primary Florida Office
Michael Linton, NCREA, CREIPS, REALTOR®
Linton Global Solutions · FL Broker #BK703722
Cell: (312) 612-1031
Email: mike@lintonglobal.com
Web: LintonGlobal.com

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Works Cited

  1. Florida Department of Business and Professional Regulation. "License Verification: Michael R. Linton, Florida Broker BK703722." MyFloridaLicense.com, https://www.myfloridalicense.com/wl11.asp. Accessed Oct 9, 2026.

Disclosure & Compliance

Disclosure: This article discusses proprietary technology developed by Linton Global Technologies. Michael R. Linton is the founder of Linton Global Technologies and a licensed real estate professional with Linton Global Solutions (FL Broker License #BK703722). This content is for informational purposes only and does not constitute investment, legal, or financial advice.

Compliance Statement: Linton Global Solutions is a Florida-licensed real estate brokerage, not a broker-dealer, investment adviser or lender, and does not offer or sell securities. CREDDS and REOMind.ai provide decision support only. Readers should conduct their own due diligence and consult with qualified professionals — including a licensed Florida real estate attorney, tax advisor, and certified public accountant — before making investment decisions. Past performance does not guarantee future results.