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This results in many vacancies, rental rate declines, and slower appreciation rates. If your city is home to many factories and employment opportunities, then the local economy is booming. Residents can afford to rent properties since they’re earning a consistent income. Here are some questions ...
Vacancies: There may be periods when your property is unoccupied, leading to a loss of income. Maintenance: Regular maintenance and unexpected repairs can eat into your profits. Problem tenants: Dealing with difficult tenants or eviction processes can be time-consuming and costly. Legal compliance:...
dozen Best Buy's in New Jersey that some of the 10 to 15 stores the retailer plans to close in 2025 could be here. I don't like the implications because it would mean seeing more vacant spaces in shopping centers, these in particular HUMONGOUS vacancies because of the size of the ...