The Hidden Risk of Vacant Investment Properties
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[Stephen Husted] (0:00 - 0:40)
Leaving your rental property vacant, even for a short period of time, can cause disaster. When my out of state properties sat empty, the list of problems piled up. AC units stolen, water heaters, appliances ripped out, and then squatters moving in when no one's watching.
So what's the fix? A smart property manager can store big ticket items like appliances during vacancies or line up a reliable sitter, someone on site who keeps the property looking lived in and safe. Those two moves alone can save you thousands.
Vacant rentals are a magnet for problems. Protect your investment before it costs you big.