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Happy Sunday!!Question does anyone have advice on finding vacancy rates for a particular area? I've been using deptofnumbers.comAny advice would be much appreciated! Thanks, Bunn
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I have a 4 unit building that has had a vacant unit since June 1st. It's being managed by a property management company. I call about once a week to check in with the empty unit and every week it's the same. They've h...
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Hey guys!
Do you take into consideration vacancy rates when searching for a new market? We disagree on this issue with my husband, and I wanted to hear opinions of other people.
I usually look at job growth/unemploy...
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Hey all,Last summer I transitioned from a LTR to MTR in my house-hacked duplex. Got my first tenants (traveling medical) and they have renewed 3! Great tenants and will hate to see them leave but they must move on due...
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Hey BP'ers,A few questions about the amounts you are saving every month for maintenance, vacancy, & cap ex.1) How do you keep track of it?2) Do you keep it all in one account? 3) What do you do with your excess (i...
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SFR in rental market saturation. Property on market for a month, no hits with below than median rental price. In situations as so, what should property management services would be put work here to earn their keep to ...
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Has anyone looked into this. Many cities already have Rent Control, but vacancy control seems ridiculous (You can not raise rents on a vacant unit from the previous rents).https://www.mynd.co/landlord-journal/costa-h...
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Rent Control article for California and likely impacts. It also introduced a new term to me - Vacancy Control. Hence the second link.https://www.multihousingnews.com/post/national-implications-of-california-rent-contr...
I was reading a BiggerPockets book and Mr. Turner said when estimating expenses, you take the vacancy rate and apply it to the rent price and include that as part of your monthly expenses. So if rent is $1000 and VR i...
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Hello,
I am in the process of purchasing a quadplex in a C class residence. This would be my first investment. Area is low income, 2br/2 bath run anywhere from $650 to $800. This mostly seems working class not indivi...