Over the last month, we had an unusual situation in that 5 units all came vacant at (roughly) the same time as leases were ending; instead of tenants renewing, two bought houses, one couldn't navigate steps any longer...
What should your expense reserves be on a monthly basis for maintenance, vacancy/turns, and capex for residential 2-4 SFHs?
Hey guys!
Where do you search for vacancy rates in a particular market?
I usually look up on neighborhoodscout.com, however I am not sure if this is a reputable source. Where do you usually look it up?
Edita
How should I craft a fair offer price on a 15,000SF industrial property that is 54% vacant (6 of 11 units owner occupied)?
At closing, 6/11 vacancies$83,436 NOI
Once fully leased$179,208 NOI
$1,000,000 Offer If I w...
Hello BP Family,I recently purchase a quadplex that currently has one vacant unit (2br/2bath).I have a PM to screen and find a tenant. I am worried about an extended vacancy. We have not listed the unit yet, we're tak...
I have heard that when analyzing a deal its important to be conservative in your numbers. Ex. 50% expenses and 10% vacancies. But when I talk to my brokers and property owners I hear things like "in the miami market 1...
For Denver investors, the latest data from the Denver Metro Area Apartment Vacancy and Rent Survey is out. This is viewed as the authoritative survey for the local market & is performed by the University of Denve...
How does one go about making an offer on a commercial space that is becoming vacant shortly, such that if I cannot find a qualified tenant to fill the vacancy that I can walk away from the deal? And how does one even...
I gave my assistant access to my Facebook account to post and respond to inquiries and Facebook said that we broke their rules and that I cannot post on the marketplace. The ad copy was pretty much the same as what I...
Hello all,I am currently in the process of trying to fill a vacancy in my first ever rental unit and i wanted some advice.Unit StatsLocated in Albany Park Neighborhood in Chicago4bd/2bth Duplex with separate living an...