Finding historical vacancy rates

[Kenneth LaVoie]

Hi,

I've never calculated vacancy rates other than "back of the envelope" awareness that ours are far better than the 8% I budget. However, now that we're putting our 48 unit portfolio on the market, I'd like to be able to show a year by year vacancy rate. I use quickbooks but I'm not 100% sure how to "extract" this information. I know how to do a rent roll via quickbooks but because our rental rates change over time it's not as simple as saying, "okay I have 48 units at an average of 605 per unit etc. etc. -- Plus my first 4 years I was adding units mid year, so the calculation is anything but simple. Any suggestions would be great!