5 Easy Ways to Minimize Vacancy Rate and Rent Your House Fast
The vacancy is a cash flow killer. For your Oklahoma City rental to do well, it has to produce rent on a consistent basis. This article talks about the simple way to minimize the vacancy rate for rental property and rent a house fast. And, what we do to reduce rental vacancy rates in Oklahoma City. Ideally, your tenant will NEVER want more from the property. I had a tenant once for 18 years within the same apartment. But that’s definitely not normal. On average, a tenant stays about 3 1/2 years in our single-family homes. And, about 1 1/2 years in apartments that we've leased. What the average vacancy rate would be based on these numbers? It’s actually not enough information. It depends on how long it takes to do the make ready for the unit. And, once the make-ready is done, how long it takes to lease the property . Rent Ready Checklist - Getting A House Ready To Rent Renew Leases: If you have got tenants who are paying their rents, it is smart to renew their leases. In some c