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Updated 5 months ago,
Is this what’s causing negative cash flow across the country?
In my area, rental rates have caught up to market home values. But vacancy rates doubled which wipes out your profit to the point of negative cash flow territory if you have a newer mortgage with a higher rate.
The number of inquiries have gone up exponentially but the number of qualified renters have gone down exponentially. But I’ve dealt with this for a couple of years so I don’t get burned out from it anymore.
Is a high vacancy rate what’s causing negative cash flow across the country?