In this episode, we discuss one of the key fears that stops people from investing in property – vacancy i.e. the fear of not having a tenant. This is a fear we often see. If a landlord doesn't have a tenant then they need to cover the costs of owning an investment property entirely by themselves – the mortgage, rates, property management, insurance and maintenance. This would be crippling for many prospective Mum and Dad investors.
We walk through why this fear is often more imagined than real. And the strategies that can be used by regular investors to curb vacancy.
For more information about property investment, head to the Opes Partners website.
