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Updated almost 8 years ago on . Most recent reply

Bob Smith's profile image
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Bob Smith
  • Real Estate Investor
  • from Des Moines, IA
  • Member since Feb 7, 2017
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Bob Smith's profile image
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Bob Smith
  • Real Estate Investor
  • from Des Moines, IA
  • Member since Feb 7, 2017
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Bob Smith
  • Real Estate Investor
  • Des Moines, IA
13
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41
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General Landlording & Rental Properties

Indy v. Memphis - rental vacancies

Bob Smith
  • Real Estate Investor
  • Des Moines, IA
Posted

I have been debating between these two markets for some oos investing.  Curious how long people are finding the average vacancy times to be in Memphis and Indy these days after a tenant moves out? Let's say for decent rentals in B neighborhoods.  Probably rents of $1,000 +/-.  A month vacant seem reasonable?  What's the longest you see on average? 

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Curt Davis's profile image
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Curt Davis
  • Flipper/Rehabber
  • from Memphis, TN
  • Member since Aug 30, 2008
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Curt Davis's profile image
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Curt Davis
  • Flipper/Rehabber
  • from Memphis, TN
  • Member since Aug 30, 2008
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Curt Davis
  • Flipper/Rehabber
  • Memphis, TN
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Curt Davis
  • Flipper/Rehabber
  • Memphis, TN
Replied

Many management companies will tell an investor the average time to rent is 30-45 days. It could happen sooner or it could take longer. There is no real answer to this question.

  • Curt Davis
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