Is zero percent vacancy bad?

[Adam Webb]

If I’ve never had vacancy does that mean I’m not charging enough for rent?  How do you figure out the most you can charge?  Just list it high and if you didn’t get a qualified tenant to lease to then you lost that month’s rent and you lower it until you do?

[Michael Badin]

You have asked two different questions. Is zero % vacancy bad? Well I'd depend on you? Yes it usually means your rent is low which means you could be making more so in that sense it is bad. However it also means your not dealing with turn over or the lost rent or little bit of extra work from that.  So it comes down to you. Usually some older investors don't mind the lower rent as it's less work. Me I would do my market research. Which brings us to your next question.

How do you know how much to charge? The market dictates. Do your research, start with rentometer.com then check local listings, make sure to compare apples to apples. Do you have more ammenities then them? Charge more, less ammenities- charge less.