6h • General discussion
KNOW IT THURSDAY'S: VACANCY
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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KNOW IT THURSDAY'S: VACANCY
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