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The Risks of Leaving Your Albuquerque Rental Property Vacant
Renting out a property in Albuquerque can be profitable, especially when you’ve got a well-maintained home and a highly qualified tenant. This type of real estate investing also comes with risks, however. One of the major risks is vacancy. If your property is unoccupied for longer than a few days or week, you start to lose real money. You also run the risk of vandalism and deferred maintenance.
How to Minimize High Tenant Turnover in Albuquerque
Tenant turnover is a problem for real estate investors because it’s expensive. Lowering your tenant turnover will maximize your return of investment and help you avoid vacancies. To keep that turnover rate low, it’s important to ensure your best Albuquerque tenants are happy living in your rental home.
The Importance of the Move-In Property Condition Checklist in Albuquerque
Before a tenant moves in, a proactive Albuquerque landlord will sign the lease agreement and talk about the expectations and responsibilities that are required during the tenancy. This is your best opportunity to establish an open, respectful, and communicative relationship with your new tenants.
Client Reviews
“My son moved to Albuquerque last week for work with no knowledge of the area. These guys were great, they were friendly, professional and courteous. They made the whole process extremely easy. I would definitely recommend their company!”
– Jamie C.
“Always have a good experience when ever we need something done! Their always very friendly and professional. Been renting for over 5 years! Thanks for everything!”
– Zach M.
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The owners working with us appreciate earning more and spending less on their Albuquerque investment properties. Find out how we’re making this work.
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