Posted Thursday, 23 August 2012 at 17:08 by William Mansfield
Tagged: house prices | Investors | Home Buyer | Wealth Creation | Hint/Tip | property investing
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How do you find the rental vacancy of an area?
There are many different method of calculating rental vacancy; but for our purpose we will use the method employed by SQM research.
- Tracks a unique property ( unique property is defined as a property listing with a valid property address) on some of the major real estate websites for 30 days
- The data tells us the chance the property would still be listed as "open" after 30 days.
Data and method does vary depending on the company and site you use.