The RRC (Rent Return Crippler) to your investment pocket is when your property is vacant.  Rather than trying to lease at a higher rental price or holding out for the overpaying tenant that rarely presents, it is recommended to accept a price reduction and find quality tenants faster.

Let’s assume the rent market has dropped $20-$30 per week for your property, would you rather make the adjustment within a week of placing the property on the market or put yourself through the pain and costs (possibly thousands of dollars) with an ongoing vacancy before having to adjust the price to find a tenant anyway?

Smart people in business cut their losses and move on……..