Part of this commitment involves
reducing vacancy rates by keeping high quality tenants in properties for longer periods of time.
Reducing your vacancy rates to a bare minimum is extremely important, if you intend to have a successful real estate investing career.
Kavanagh said company data predicts local job growth would
reduce the vacancy rate to about 4.8 per cent by 2021.
Reduce your vacancy rates to zero Both from experience, and from listening to the concerns of other real estate colleagues, keeping rental properties occupied can be a headache.
«I increased, improved, reduced, achieved...» Examples: «
I reduced vacancy rates 30 %» «I improved test scores by 20 %» «I achieved highest - ever attendance levels» «I increased call efficiency by 10 % for 3 consecutive quarters.»
An additional 12 markets mentioned in the report have recovered from the recession, but are just now heading toward expansion, and are classified as being in the «recovery» phase, characterized by tightening market conditions and a shift in the supply / demand balance leading to
reduced vacancy rates, more balanced rental growth and a stabilization of overall cap rates.
We're confident that you'll be able to more than compensate for that minimal cost per unit by earning more per unit due to
reduced vacancy rates, monthly rents commensurate with your improved service, and more efficient operations.
Not exact matches
The Platinum Mile, a section of Interstate 287 in Westchester County, is fighting to
reduce its Class A office
vacancy rate, which now sits...
For
reducing the achievement gap between the Atlanta Public Schools and the State of Georgia, lowering the dropout
rate, cutting back the number of teacher
vacancies, and renovating and consolidating some of Atlantas schools, Atlanta superintendent Dr. Beverly L. Hall earned the 2006 Richard R. Green Award, the nations highest honor for urban education leadership, at the Council of the Great City Schools 50th Annual Fall Conference.
This, and the high (but steadily
reducing)
vacancy rate of 22 %, really highlights the huge embedded potential in SRE's portfolio.
Responsible pet owners are loyal, long - term tenants who
reduce turnover and
vacancy rates, increase profitability, and enhance safety and security in the neighborhood according to studies by insurance companies and organizations such as the National Council on Pet Study and Policy, and the Delta Society.
30,000) to discuss how his town, built in the shadow of a major Air Force base, used the Consulting Corps to turn around its fallow downtown district and
reduce its commercial
vacancy rate from 10 to 1.
The level of demand we have seen over the past several years has significantly
reduced the amount of available space, and these declining
vacancy rates have driven an upward trend in rent growth, which we expect to continue for the foreseeable future.
As
vacancy rates rise at malls across the United States, with the increasing numbers of retailers announcing bankruptcies, deferring expansion plans and closing stores the energy management system could help operators
reduce fixed utility costs.
Higher
vacancy rates reduce net operating income, a key valuation consideration.
A simple 10 %
vacancy rate would
reduce your annual ROI to 5 %.
Over time, those problems can lead to higher
vacancy rates,
reduced cash flow, and, ultimately,
reduced property value.