The Risks of Leaving Your Albuquerque Rental Property Vacant

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

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.