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Vacancy- the Robber of Wealth, Health and Value

By
Real Estate Agent with KW Elite

     Most Landlords managing their own properties have

a leak in their financial ship . It’s called Vacancy .

It can undo all of your efforts to increase the value of

your investment. It can take a property that on paper

should Cash Flow and make it an Alligator ( who’s

never full - $$$) . It can devalue the property ( lower

N.O.I. ) And finally it can cause stress and sleepless

nights , unable to pay your mortgage payments !

     Isn’t it time to talk to a Professional Property

Manager  ? They are experts in collection and filling

Vacancy . With an ongoing backlog of potential

tenants they can stop your Cash Flow shortage

quickly . They’re also on top of all of the Covid-19

mandates . It’s always a plus to delegate any activity 

that can be done better by others ! We’re waiting 

for your call . 

Posted by

 

Michael J. Perry

KELLER WILLIAMS Elite

www.lancaster4sale.com  

 

1280 Plaza Blvd. , Lancaster, PA 17601

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Longtime West Lampeter resident and Lancaster County Realtor!

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Dan Hopper
Dan Hopper - Gold Way RE - Westminster, CO
Colorado Broker / Referral Services

Simple and to the point,  .  Too many investors do NOT understand the concept of... "You can pay me now... or pay a lot later".  They will step over dollars to pick up dimes.  

Oct 26, 2020 10:19 AM
Rocky Dickerson
Realty One Group - Las Vegas, NV
Superior Service!

Great post Michael! So many people forget the real cost that vacancy holds in one's real estate portfolio.

Oct 26, 2020 11:08 AM
Nick Vandekar, 610-203-4543
Realty ONE Group Advocates 484-237-2055 - Downingtown, PA
Selling the Main Line & Chester County

People think they are saving money by doing things themselves, when in fact they acheive more by delegation. Good post to remind owners they can maximise their profits with a property manager.

Oct 26, 2020 12:12 PM
Endre Barath, Jr.
Berkshire Hathaway HomeServices California Properties - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Michael J. Perry  loved the post and the message on a side note we are about to list Tim's property thought you would like to know, Endre

Oct 28, 2020 10:26 PM
Brian England
Ambrose Realty Management LLC - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

Vacancy is not a good thing at all for a landlord since if nobody is there then nobody is paying the rent.  I guess that might be better than someone being there but still not paying rent, haha.

Oct 30, 2020 05:47 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Great post Michael, and agree that buyers don't think through the whole picture, they only see the tenant paying their mortgage.   

Oct 31, 2020 07:05 AM
Roy Kelley
Retired - Gaithersburg, MD

This is good advice to share.

Take care and be safe.

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