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Asheville NC Real Estate Forum

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Ryan Howell
Pro Member
  • Rental Property Investor
  • Hendersonville, NC
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What is the COVID impact in Asheville - numbers please

Ryan Howell
Pro Member
  • Rental Property Investor
  • Hendersonville, NC
Posted Jul 14 2020, 04:54

I'll go first.  I only have LTR's:

vacancies - I had poor timing with 2 vacancies that took from March to June to fill.  I had a third unit being remodeled, that I just listed and had a huge amount of interest (July), so it seems that things have picked up a lot from June onward.

Payments - all tenants paid April, all but 1 paid May (-9%), all paid June and July.

Overall, vancancies were ill timed (end of February/early March), but I haven't seen much impact from those that were filled being able to pay.

How about everyone else? I know there seemed to be a bigger impact in the beginning to STR's but maybe picking back up now too?

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