A property might have a high vacancy rate for several reasons. It could be due to factors such as the location of the property, the condition of the property, or the rent being charged. If the property is in a less desirable location or in poor condition, it may be harder to find tenants. Similarly, if the rent is too high compared to similar properties in the area, potential tenants may choose to rent elsewhere. Other factors could include poor management of the property or economic conditions in the area.
Real estate can be a great addition to an investment portfolio. But as with any investment, it has t...
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