Vacancies

A vacancy is when a rental property (Traditional or Airbnb) is unoccupied by a tenant. Vacancies can be an issue for real estate investors if they span over a long period of time. However, 100% occupancy is not always possible. For traditional rental properties, the vacancy rate should be closer to 0%. For Airbnb rental properties, it may be much higher. However, because these investment properties generate more in rental income, they can still be profitable even with a 50% Airbnb occupancy rate, for example. Because your return on investment relies heavily on the vacancy rate, you should know what the occupancy rate of a location is as well as the rental property of your choice before buying an investment property. With Mashvisor, you can find this data. You can also find tips on how to minimize your vacancy rate and boost your occupancy rate on Mashvisor’s blog.