When looking to buy a property for rental in different areas, what is the acceptable vacancy rate to look for? I know some area has low vacancy rate and some has high so would it be a good idea to always go for the lo...
Last open unit filled! Tenant started moving in today, just as I was putting the last of the tools and equipment in the truck. Man, it is a nice feeling when you go into winter without any extra heating bills to pay!
A couple of questions for any Landlords/PMs in regards to their own personal vacancy stats: 1. What's the average vacancy time on your single-family properties?2. How soon and how often do you drop your price?3. Do yo...
So I have heard of the 50% rule and also 40%. I am currently working on my 3rd SF in less than a year and am closing on a 4th in a couple weeks. I have so far completely rehabbed all properties. I don't want a pro...
Hi all, I purchased my first duplex back in June and I inhered two tenets. One of them is great the other one, the old owners’ stepson must not of paid his rent very often and so now he’s had to leave. I wanted to get...
Seasoned investors, curious what your longest vacancy ever was? 1 month, 6 months?
When analyzing multifamily properties in NJ, what is a conservative vacancy loss percentage number to use?
Hello, I’m working on a deal to buy a 30,000 sq foot church and convert it to a rooming house. As I’m doing my projections I’m curious how would you estimate vacancy? Our local rental market is stretched thin, more re...
I am managing an apartment complex in MA which consist of 216 apartments. We have a 8% vacancy rate at the moment and looking for other non traditional ways to lower it. I am trying to see if I can set up certain cont...
Is there a wya to easily look up rental vacancy rates by market that are somewhat recent without paying for a service?
Thanks!