Hello BP members,
My name is Andrew Vedder from Houston, Texas. I've been analyzing properties in the greater Houston area for about 6 months now and I'm struggling to figure out vacancy rates.
Can anyone share so...
Hi everyone, hope all is well! I am considering buying an Air BnB on a lake in the Midwest. There are 6 months of the lake being in season (very crowded), and 6 months where the lake is out of season (almost no one is...
I'm just looking to get an opinion.
As investors or property managers, do you completely avoid neighborhoods with high vacancy rates, or would you consider purchasing an apartment complex in a neighborhood with high ...
I have a tenant that needs to get out of her lease because she is getting laid off by her employer. How soon would you start advertising for new renters? She will leave at the end of May. How do you advertise a unit t...
Hi Everyone,The other day I took a long, winding route home from work through a bunch of neighborhoods between downtown Denver and Central Aurora. I noticed that there seem to be a lot more spaces available for lease ...
Hi Folks,Is there a standard percentage that you all figure in for vacancy, capital expenditures, maintenance and repairs or does it vary by area/property? I been figuring in 3% vac, 3% repairs, and 8% capex...am I fa...
Welcome to our Question of the Week! As we have now entered the holiday season and winter, I thought we would shift to discussing how to fill vacancies during this time of year. What are your suggestions that work or ...
Hi I have just moved out of my previous house, which is a 5Bedroom 4.5 Bathroom in a premium location. Im wondering how long is a normal range of time for a high-end market long term lease to be in place, like rent fo...
Hell BP Nation! I am trying to determine where to buy a single unit rental in my area (central New Jersey) and I am trying to figure out what is the best way to find the current vacancy rate for...
Hello,I've got a quick question when calculating the 1% (or 2% or whatever percent you like) rule. Do you run the calculation against gross rent or net rent? I'm wondering if people take their chosen vacancy factor ...