Kevin Wood
Rental Vacancy Fill Rate in Nov Dec In Houston?
Anyone else have trouble filling vacancies this time of the year given the holidays? Are you doing any incentives? We've gotten less hits over the last 3 weeks, but I feel like it's holiday and not price related. We a...
Adam L.
Does converting a rental to Section 8 reduce vacancy?
I am looking at a property in a low income area and recently heard of a friend that has been converting his properties to Section 8. My question is would this help to reduce vacancy and does it also help with the qual...
Faderera Aromolaran
Public record that can be used to find vacancies?
My main problem right now is securing my first deal is lead generation and cold calling. I’m aware of different methods and various types of information that is considered public record. These include probates, tax li...
Luis Baumeier
How much to account for Vacancy, Repairs and CapEx?
I bought my first deal and I am looking for my second one. I love analyzing deals every day and created my own spreadsheet to do it. On it I account for a monthly value of 5% of the rent for Vacancy, 5% for Repairs an...
Susan Foreman
Cap rate, vacancy rate, etc for Baton Rouge Area
I am new to investing and am basically guessing when I fill out rental calculators. What is the cap ex for our area? Vacancy rate? Average PM fees? I appreciate any help on this as I want a realistic. view of the ...
Dan Handford
Latest Marketing Strategy to Fill Up Vacancies in Apartments
Apartment Community Facebook Pages - Useless?Many of your larger communities may have a presence on Facebook with a "Facebook Page" or something like this but unless you begin using it to it's fullest extent then it w...
Nicole Heasley Beitenman
Vacancy next door created a roach infestation - seeking advice
Hello BP! One of my rentals is in a older, C+/B- neighborhood. The house next door was owner-occupied when we purchased. Our tenant is in year 2 of her 2-year lease, and she's been a dream.
House next door then beca...
Evan K.
Currently at 26% Vacancy -- Best Way to Rent Out?
I was recently brought in to fix a vacancy issue involving a 74 unit multifamily apartment complex. 19 are currently vacant, which is a 26% vacancy rate. I'm in a market and a price point where this level of vacancy s...
Kendall Short
Setting Aside Funds For Cap-ex, Repair, Vacancy, etc.
Hey BP,
So I know we were taught to make sure we account for cap ex, repairs, and vacancy at a monthly rate when analyzing deals.
My question is, why don’t we just make sure we keep a healthy cash reserve to be ah...
Dominic Balconi
10% Vacancy, 10% Cap Ex, 10% Management, 10% Repairs?
10% vacancy, 10% cap ex, 10% management, 10% repairsOn all of my practice analyses, this is what I choose. Any suggestions or comments?