In this episode, we discuss what to do as a property investor if you are going a period of 'vacancy', where you don't have a tenant paying you rent.
This is particularly timely right now since, during the Christmas period, there tend to be multiple developments coming up for completion at any one time.
This is because developers rush to get their projects settled before Christmas so that they have cashflow for the holiday period. But, that does mean that multiple projects come to the market at a time where tenants are more scarce than usual.
We discuss the three tactics you can use to get you through a tough period of cashflow ... as well as talk you through when it makes sense to drop your rent or not.
We wrap up the episode by talking about the Property Academy video course. This completely free course walks you through the fundamental concepts of investing in property. There are a total of 19 lessons, all hosted by Andrew.