What Makes A Good Rental Property?
In this video I’m going to be talking about where your property is located and how it can affect filling your vacancies. This is the type of landlord advice that can help your landlord business thrive or can turn it into more of a challenge. Thanks to Lisa and Tim for providing the inspiration for this one.
Also, sorry for the extended delay in videos, things have been incredibly hectic the last little while, but I’m back, at least partially, on track. I’ve also picked up a new camera, so going through some learning curves at the moment and changing some things up.
If you have questions you’d like answered in a video format or as an article be sure to leave me a comment below or email me and I will do my best to get back to you. And, be sure to share, like, thumbs up etc the video so more people can see it as well.
This makes sense, I like the video aspect of this tip as I don’t enjoy reading and get more info from audio/video than reading.
In my town house complex there are 54 units
1/3 are rental would this be considered a rental area?
Hi Sheila,
Thanks, glad you enjoyed it, I have another one coming out in the next few days as well and will try to get one out a week for the next few months.
The complex is definitely a rental complex, but how about the surrounding neighbourhood? Are there lot’s of rental properties near by? Some townhouse complexes have lots of rental units in them, but are in higher end areas and may not quite fit the mold. Ideally you have lots of renters in the area giving yourself a bigger pool of potential tenants.
If it’s just the complex and not the surrounding area, then it may not necessarily be.
Hope that helped explain it a bit better,
Bill