Learn the language. Understand the numbers. Make better real estate decisions. Here's a word every landlord needs to understand: Vacancy. Vacancy is simply when your property isn't producing rent because either nobody is occupying it (physical vacancy) or even worse they are occupying without paying ( that is called Economic vacancy) And this is where new investors sometimes get too optimistic. They run the numbers assuming: "I'll collect rent every single month." Real life doesn't always work that way. Tenants move. Units need repairs. Properties sit empty. So when you're analyzing a rental, don't just ask: "How much rent can I collect?" Ask: "What happens to my numbers if the property is vacant?" 𝗚𝗼𝗼𝗱 𝗶𝗻𝘃𝗲𝘀𝘁𝗼𝗿𝘀 𝗽𝗹𝗮𝗻 𝗳𝗼𝗿 𝗿𝗲𝗮𝗹𝗶𝘁𝘆—𝗻𝗼𝘁 𝗽𝗲𝗿𝗳𝗲𝗰𝘁𝗶𝗼𝗻.

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