Diagnosing Vacancies: What to do when your property isn’t renting
Vacancies are expensive!
In fact, vacancies are one of the larges expenses that landlords need to consider when investing in real estate.
For example, let’s say that a home rents for $1500/mo.
That’s $50 per day of lost revenue!
- mortgage payments
- lawn care
- miscellaneous maintenance
It can add up quickly!
This video outlines a simple system you can use to identify why a property isn’t renting. This system has helped us reduce vacancies and increase profits.