• 1375 - We’ve Had Vacancy Rates Below 2% for Over 15 Years—Here’s How We’ve Done It by Eric Fernwood

  • Jul 20 2024
  • Length: 12 mins
  • Podcast

1375 - We’ve Had Vacancy Rates Below 2% for Over 15 Years—Here’s How We’ve Done It by Eric Fernwood  By  cover art

1375 - We’ve Had Vacancy Rates Below 2% for Over 15 Years—Here’s How We’ve Done It by Eric Fernwood

  • Summary

  • Since 2006, my team and I have delivered almost 500 Las Vegas investment properties (> $130 million). The properties had an annual appreciation of 15% and annual rent growth of 7% (2013 through December 2023), and our average vacancy rate stayed below 2%, including during two major economic turmoils: 2008 housing crash: Zero decline in rent and zero vacancies. COVID pandemic eviction moratorium: No impact. So why did our clients’ properties perform when most others did not? Learn more about your ad choices. Visit megaphone.fm/adchoices
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