Hi Everyone! Im new to biggerpockets and this will be my first post! I was wondering how much do people budget for vacancy for seasonal rentals. Im looking to do a STR in Ocean City Maryland and the vacancy rate, if I...
Hello.
I own a property in French Valley on the outskirts of Murrieta (Winchester). It was tenant occupied for 2 years. The tenants vacated the property on 5/31/24. It is now 6/21/24 and I am still going back and for...
Is it worth getting an actual photographer to take pics of the unit, or is an iPhone good enough..?
What is the general concensus? Is there an official formula (if so - state source)
I look at each apartment (or individually rented unit) and determine how many days of the year were paid (meaning, I do not care if ...
The area i am particularly interested in has a 8.8% vacancy rate...is it too high,average or low?
Hi,
I'm wondering what's the best way to know what the vacancy rate is in a particular area, zip code, city, whatever. I've been using Sperlings (www.bestplaces.net), but sometimes I wonder how accurate and up t...
I live in the Northern Virginia area where most of the properties have about a $3,000 a month mortgage. My partner and I are looking to buy our first property soon and we plan to house hack it for a year. I think ab...
Hello,A property I am looking it is a 12 plex and currently 7 units are vacant. How do I find out why these units are vacant? Is it better to stay away from such a deal or purchase a property that is already fully ren...
Hello BP! I am new here and to real estate investing. My plan to get started is house-hacking with an FHA loan. However, there is one aspect of the concept I am unsure about. How exactly do you create that vacancy to ...
According to Reuters. http://news.yahoo.com/s/nm/20090708/us_nm/us_realestate_usapartments
A couple interesting things in this article:
"The national vacancy rate rose to 7.5 percent, the highest since 1987 and an i...