Bsc Honours Construction Management Graduate | Project Management Expertise | Skilled in Budgeting & Scheduling | Seeking Opportunities to Make a Positive Impact 🏗️
Common sense will tell you that if an apartment is not rented, it is not producing income, and that reduces your cash flow. Even if the vacancy rate is listed on the pro forma, verify it with the property manager on your team. He or she will be able to tell you if the vacancy rate listed is at, above, or below the average of the market and will know this because vacancies are mostly a function of supply and demand within the market. You can also find this information by looking at the monthly rent rolls and move-in dates on the leases. #realestateinvesting #multifamilyrealestate
