David Katz
Question re Maintenance / Vacancy Reserves
Will soon be buying my first turnkey property (my first investment property period). I understand that you should earmark a certain set percentage of rent per month to maintenance and vacancy reserves. What do you a...
Sam McCormack
Does 0% Vacancy Sound Fun?
What seems more appetizing to you? - SMF, 200-300k, in C- to C+ area , immediate cash flow (5-8% ROI), 3% appreciation/year, and 5% Vacancy- SFH/SMF, 400k+, in B+ to A- area, break even (for the first year), 6% apprec...
Monte Mabry
Builders Risk or Vacancy Policy
Hi Bigger Pockets! I am closing on a property next week with a hard money loan. The rehab is $45k and expected to take about two months. I have been quoted a vacancy policy and a builders risk policy but no one has be...
Julie Verardi
Cap X and vacancy calculations
When calculating 7% for Cap X and 5% for vacancies do I get that number off of the total rental income per month or per year or before or after expenses?
Dale Osborn
Vacancies during December & January
Back when we had apartments there was a trend that I noticed and was wondering if other investors have seen this same trend. At the end of November tenants move out and due to the holidays, or whatever, you can't get ...
Bruce Yi
Vacancy and Demand Metrics/Indicators
Hello BP, Is there a metric, tool or indicator I can use to determine vacancy rates in a specific area before buying a rental property? What tips do you have to determine if a property will reasonable rent quickly in ...
Ivana Ivanovic
8% for vacancy AND repairs?
Hi y'all. Just starting out here. Is this a low number for both vacancy and repairs? Looking at new builds (brand new or recent), vetted for major repairs (there will be none presumably, some have a builders' warranty...
Mike Flora
Landlord policy laws on vacancy
Is there a law in California that states how long your property can be vacant and have a landlord policy?? I have safeco and they send inspectors out to random properties of mine and ask to see the lease agreement and...
Nick Reinhardt
Duplex Vacancy Rent or Renovate?
Looking for some insight on the following situation: I recently purchased 2 neighbouring duplexes, 3 of the 4 units are currently rented out. We plan to move into the vacant unit and do some minor updates while house ...
Francis Dayamba
Condo Revenue Estimator-Vacancies and Repairs
I am looking to buy my first investment property and for this area (Surrounding DC area and Northern Virginia) the only thing I can afford is a 2bed/1ba condo or smaller. I am having issues estimating how much to put ...