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Updated over 8 years ago on . Most recent reply
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Figuring out Vacancy Rates, property value in the ABE area.
Hello and Shalom to all members.
This question is specifically for seasoned investors in the Lehigh Valley, PA. I have a couple of rentals in Allentown (2 SFR's in center city, one in South Allentown) and a couple in Easton (1 duplex and 1 SFR).
I wanted to know, since I started using the calculators on BP, how do you figure out the average vacancy rates, annual income growth, PV growth, annual expenses growth, etc, in our specific market?
Thanks in advance!!!
Most Popular Reply
I think the vacancy rates that are published are "skewed" because there are a lot of uninhabitable units, causing the numbers to appear high. What you really need to be concerned with is YOUR vacancy rate..... my goal is always to find tenants who are going to stay a long time. :-)