Vacancy Rates
I am interested in purchasing rental properties as an investment, and they just published an article in the newspaper on vacancy rates in the area. Is a 5% average vacancy rate too high to consider this type of Real Estate investment in the area? 
Hello Adunleavy,
5% vacancy rate is real good. If one could have only 5% vacancy rate for the year, I would take that in a heart beat. Mortgage companies only count 75% of your rental income when they do a LTV gage on your rental.
This is a great topic. In speaking with lenders, I also got the feedback that a 5% vacancy rate was the minimum they would factor into NOI.
If I may add a question:
Is there an online resource for looking up vacancy rates in various areas?
Thank you,
Marlene
No one seems to want to answer this question... So I will ask for everyone one more time....
What is a good resource for vacany rates etc...
this thread is 2 years old. thought i would try to revive it...