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How a Minnesota Property Management Company Reduces Vacancy
Danny Morris - Tuesday, December 30, 2014

Believe it or not, vacancy is one of the greatest costs incurred by an independent landlord. When most people put a rental home on the market, they are often worried about costs associated with repairs and tenant damage and marketing. However, vacancy always costs more. An empty home means you’re losing money and this is larger than any other cost you can incur.

At 33rd Company®, we are very sensitive to the costs associated with vacancy. There are two different components to vacancy; the first is how quickly you can place a tenant in your property, and the second is how long the tenants will remain in your property. With poor property management, tenants have a tendency to get unhappy and leave. That only increases your vacancy levels and...