Economy and Quality/Stability of Renters?

If you are planning to buy a rental home, or you're thinking about what to do with one you have just acquired, this is the place for any questions about starting out in the rentals business.
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juan2rent
Posts: 1
Joined: Fri Nov 20, 2009 4:41 pm

Economy and Quality/Stability of Renters?

Post by juan2rent »

This is my first project. And halfway through it the economy went crazy and lenders changed their rules! The economy has impacted all of us. But now I am faced with how quickly to proceed with completing a 4-plex I am half done with. It looks to me as if there are more-tan-typical vacancies and the turnover rate is higher? Are the expected rents going down as well. What is the expert consensus?
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Mountain Goat
Posts: 6070
Joined: Wed Apr 19, 2006 1:31 pm
Location: Leysin, Alpes Vaudoises, Switzerland
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Post by Mountain Goat »

A warm welcome to LMH.

Give us a few clues: country? type of property? your market?

What are more-tan-typical vacancies?

What is a 4-plex?

MG
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