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I'm going to be doing my first turnover on our rental property at the end of April, and I can't wrap my head around how this works so that I have no vacancy for the year. If my current tenants move out on April 30, a...
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Hi guys, I am thinking of investing in SFR in Memphis. I have been doing my research and am so shocked to discover that average historical vacancy is 10-15%. Is this true in your experience?How hard is it to evict a...
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So, I have 4 rentals and I compiled my totals for the last 3 years and I had 1.9% average vacancy rate. My maintenance costs (including cap x) totaled 8.6% of revenue.I know my vacancy rate is a bit lower than averag...
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How do you find out the vacancy rate of a particular area? Thank you in advance
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I just get an email from Zillow with a interested applicant. The Zillow message said I should respond within ten minutes. I am guessing no landlord can do this in this time frame.
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Hello BP,I want to know what you think about the true costs of filling a vacant unit. I am not looking for a number here as all regions are different in this respect. What I would like to know is what are the cost ele...
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I know this is a tough question, because every project is different, but can anyone that works with a management company in Cleveland give me an opinion. Typically with general repairs (cleaning, paint touch ups, etc...
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Anyone have any experience filling vacancies in Jersey City in the Fall to Winter months? Is it really much harder?
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Hey BP community!After a few delays and some headache, I will be closing on my first deal today. Very very excited. It's a 4-plex in a slightly subpar area right outside a military base in Alamogordo NM. Rents are all...
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I have just purchased my first rental property in Blue Springs (eastern Kansas City suburb). I am curious if anyone has insight into average time to find a qualified renter? I have had it listed for two and a half we...