My wife and I are starting to look into SFH and condos to purchase as an investment property used as a short-term rental (Air BnB) in Columbus, OH. We have a unique work set up where we will live in Lexington, Kentuck...
I have a 1 bed/1 bath unit in Brooklyn, OH that’s been renovated recently. It’s been marketed for rent for almost a month now at $565/mo. My recenty renovated 1 bed/ 1 bath units in Lakewood, OH rent out far quicker, ...
Essentially is as follows:New Lease Fee (one month’s rent) + Expected Missed Rent + “Refresh” Cash(Refresh Cash = the amount out of pocket to prepare the property for new tenants, after tenant deposit is spent)It look...
Hello BP Community, I am looking at a deal in Kansas City on a duplex, and in my research I keep coming across vacancy rates of 4%-27% in KCMO. This is making it difficult to run the numbers. Is there anyone who uses ...
Hi everyone, I am wondering how would I find out the vacancy rate for a specific area? Also how would I determine comps if there are no comps from this same area. I am having a difficult time analyzing this deal due ...
Hello,I am a first-time OOS rental property investor, (closing is this Friday) in KCMO. Property was supposed to have a tenant in it through the end of this month but that changed due to a variety of circumstances. No...
Hi All,
Looking for a recommendation on a realistic vacancy rate to use when looking at deals on duplexes. I have been using 5%, but I have seen everything from 3% to 10% so I just wanted to get some additional insig...
Investment Info:
Single-family residence other investment in Cherokee Village.
Ozark Gateway Realty leased to tenants using Jack and Landlords' guarantee in lieu of accepting security deposits. Their tenant...
I've heard are 5%-10% of monthly rent. But what's the end goal... to have one (or more) month of vacancy reserves at the end of the first year? six months? The vacancy would cover the PITI? Is it supposed to cover mor...
Anyone on here ever transitioned their airbnb to a 30 day minimum rental because of city regulations? What did that do to vacancy and overall revenue? Any insight is appreciated!