Remember Plan, Do Review?
10th Aug 2016
Lesson 030 – 101 Lessons
Well, this helps you, the Property Investor, with the review, before you then get back to planning on how to improve your business further.
Understand your void rate
How many days in the year your property is empty in-between tenants?
Do 2 things with that measurement; work on improving your property void rate, aiming for 100% occupancy (which we currently have, small dance of celebration!) to improve your (financial freedom) income, and also use an average void rate to forecast your future earnings from your property investor portfolio.