Vacancy rate – What is it anyway?

Well, this is one of the most important metrics to know before getting into investing in the US.

This index indicate what is the percentage of the properties that stand vacant within the region.

For example, if the index is 8% it means that there is a one-month chance for the property to be without a tenant and will reduce our annual income.

TLS FL HOMES business plan takes this index into account.

Of course, in more attractive locations,, the demand for rent is higher and as a result, the vacancy rate is lower.

In 2019 for example, the index in the state of Ohio stood at 4.67% meaning a chance of less than a month of vacancy.

Today in the state of Ohio, the index is approx. 4.5% annually.

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