Kenneth Garnett
Help Filling Automotive Service Facility Vacancy
Hi All,I have a vacancy in an automotive service facility with a half-dozen hydraulic lifts. The previous tenant was a local repair shop business that closed down because the owner is retiring. The property currentl...
Justin R.
Using Vacancy rate as monthly KPI
I have several properties throughout a handful of states, all professionally managed. I usually glance as the vacancies but don't actually create KPIs for this metric. Of course all 5 managers use different software ...
John Strong
Vacancy rate near 4th and Candelaria
14 unit complex in Albuquerque near 4th and Candelaria For the past two years we have had only one full month of occupancy. Anywhere from 1 to 4 vacant consistently. Management company says the pool of renters in the...
Ben M.
Rental comps, history, and vacancy rates
Is there a quick/easy way to get rental comps, history, and vacancy rates?Is a property manager the best resource for this type of info? I guess they would be preferable compared to a real estate agent?
William S.
Calculators: Add $____ instead of ____% (maintenance, vacancy)...
I thought I'd provide some friendly feedback about the calculators on here. I love using them, but one thing that bugs me is that I am required to put % of rent into the expenses field (maintenance, vacancy, etc).I ca...
Allison Park
Vacancy Rate - What is good/bad
What is considered good or bad for a vacancy rate? I am looking in an area that has 6.6% Rental Vacancy rate according to the census bureau for 2024.
Joey Nakayama
Chicago vacancies with winter coming -- help!
Hi BP community, any tips for filling vacancies in a market that slows down in winter? I recently wrapped up a renovation on one unit and have another with tenants leaving at the end of December. I have ads up for bot...
Mark N.A
Rent Drops Nationwide as Vacancies Spike
Here's an interesting article on rent drops across the U.S.:
http://realestate.msn.com/article.aspx?cp-documentid=17203547>1=35000
Although this is based on apartment stats, I'm seeing it here with SFHs in sel...
Hisashi N.
AC Theft Protection during tenant vacancy
Hi BP folks,I own and manage handful SFRs and recently had a AC outside unit stolen from a vacant SFR after the previous tenant had moved out. I had a same problem before when rehabbing other SFR and put a cage on it...
Rafael S.
Vacancy Rate & Cap Rate Calculation
How many months rent do you guys deduct from gross rental income when determining your cap rate? In other words what is your vacancy rate?
I am currently deducting two months rent for 1980s, 3/2 townhomes, in a middl...