How do I not allow vacancy to destroy a years profit?

[Michael P.]

Guys, vacancy... Its brutal to the profit margin.

I am getting ready to acquire a property, after doing the math, lets say the NOI is 3500. Carrying cost monthly is 980, this is after a cash-out refi. How do others deal with this issue. 4 months empty can put you in the negative.

[Jay Hinrichs]

YUP  list it for under market cream the rental pool and keep it rented.

how I do this Is I NEVER raised rent as long as tenant paid.. I had one move out last month after 10 years..

but now its been vacant 2 weeks I need to rehab etc probably be December if I am lucky before its rented.. by by 3k in payments and 5k in rehab.. but this is a ten year tenancy..

turn over KILLS landlords