SEATTLE (July 30, 2012) –  Successful investment in rental properties often depends on keeping vacancy rates low, both by minimizing tenant turnover and by quickly re-renting properties when tenants do depart. According to a recent survey conducted by All Property Management, the largest network of property management companies on the internet, professional property managers can help investors substantially on both counts.
Based on responses from 298 property management companies located in 201 cities across the US, the average annual vacancy rate for a professionally managed property is 5.5 percent, compared to the 8.8 percent national average reported by the US Census Bureau. Respondents cited expert tenant screening, superior customer care during tenancy, swift action against delinquent tenants, and general local market knowledge as reasons for their success in preventing long vacancies.
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