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9 January 2020 | 4 replies
If I were you I would call a few different property managers in the area and ask what the vacancy rate is for 1b/1b rentals.
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13 January 2020 | 8 replies
I don't expect too much appreciation but the house is clean and I figured 10% vacancy rate to account for the tougher market there.
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10 January 2020 | 2 replies
Turnover in the area ( how frequently tenants changes houses) that potentially affects the vacancy.
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16 March 2020 | 68 replies
@Diane G.The brochure says "no vacancy factor calculated | monthly rent ≥ total monthly payment"They can also put it in an LLC.
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10 January 2020 | 5 replies
Hi @Pete Jimenez I don't think your cashflow will be $249 since I don't see any allotment for vacancy, repairs, capex, etc.
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11 January 2020 | 5 replies
They all look like great deals conservatively looking at 10% vacancy 15% for property management and 10% aside for maintenance I'm looking at a 43% annual return on my money.
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10 January 2020 | 1 reply
Also, I am using the Bigger Pockets Calculator and others to factor in vacancy rates, capx , etc.
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10 January 2020 | 2 replies
Vacancy of 1% is 1 month vacant out of 100 months or over 8 years.
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10 January 2020 | 2 replies
@Dan Mothersbaugh Just quickly looking, your vacancy seems a bit light and I would probably have Capex closer to $100/month but if you are really getting $2800/month with $161k acquisition/rehab price then seems like a winner to me!
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11 January 2020 | 4 replies
The idea being to promote studying instead partying (potentially decreasing the damage/complaints on the property), incentivizing the tenant to stay throughout their college career (decreasing turnover/vacancy), and developing some additional motivation for a tenant to choose my property over another similar property.