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Real Estate Deal Analysis & Advice

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Dylan McLauchlan
  • Real Estate Investor
  • London, Ontario
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31
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Student Rental. Summer Vacancy?

Dylan McLauchlan
  • Real Estate Investor
  • London, Ontario
Posted Jun 30 2014, 13:22

Hello all,

Just found a really attractive property right near a local college. So far the numbers work very well, but I'm not sure what to factor in for the vacancy rates, since as a student rental it my not have tenants for the summer months.

The current Vacancy rate for that area according the CMHC portal is 6.2%.

To any of you with student rental properties what do you do over the summer months?

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