I bought a foreclosure property a few months ago with three houses on it. Two are rented and insured. The largest one is boarded up. I have a policy with Foremost for vacancy insurance and I just got a cancellation fr...
Hi, I'm new to investing and am looking at a smaller multi-family in the coventry village area in Cleveland, OH. I did a drive by and noticed that several of the buildings on the same block have signs advertising avai...
Hi All! When it comes to vacancy, what are you doing with the loss for that while your unit is on the market?
For example, I have a unit renting for $950 a month, which means daily it is around $32. If a week is vac...
Hello bigger pockets community my name is Tu’ssant Rantanen I am newbie 20 year old investor, I’m looking to buy a house hack in Wisconsin preferably a 4/5 bedroom duplex using fha. I have been running numbers on rent...
During recent vacancy advertising the number of applicants is has increased by a factor of 10. Does everyone else see this? When pre screening; 95% of the applicants do not pass the most basic normal and non strict re...
Owning rental property is a business. Generally speaking, revenue is earned through rent payments from a tenant. Having an empty space, whether it be an apartment unit or a single family rental, is considered a vacanc...
Is there a good data source for looking at trends in vacancy rates / rents in specific markets? I know that zillow has some of that functionality but it only goes back 10 years so for example it's not possible to look...
Hi BP family! I'm in the learning and savings phase and would like to purchase our first BRRRR property late next year. I'm curious, what is the typical vacancy period in Hampton Roads between tenants? Hopefully no mo...
BP - this may be be a dumb question, but it is something I have been debating for a couple weeks now. i actually just closed on my first property and have benefited more from this website and the tools, people, and in...
Is anyone familiar with the vacancy and cap rates for the third ward area, specifically for 5-10 units?Thanks!Daniel