Property Management
The Curse of Vacant Homes and the Ghost of Missed Rental Payments
Last Updated Oct 29, 2024
As Halloween approaches, Belong invites you to gather around the metaphorical campfire for a spine-chilling story of vacant homes and ghoulish missed rental payments. While most tales of haunted houses involve eerie sounds and flickering lights, these haunted homes have a different kind of fright—empty hallways, missed rental income, and the creeping dread of lost revenue. Let’s dig into this tale of property purgatory, the “Curse of Vacancy.”
Chapter 1: The Phantom Of Missed Rent Payments
Imagine it: each month, like clockwork, you expect that reassuring deposit, the lifeblood of your property’s profitability. But when a home sits empty, the anticipated rent seems to fade like an apparition, disappearing into the abyss with each passing month. This is the “Ghost of Missed Payments”, the chilling effect of prolonged vacancies.
The phantom of missed rent is one of the most financially frightening aspects of property management. It's the specter that looms over every homeowner’s worst fears. Without a resident, the potential for revenue vanishes. And unlike those midnight bumps in the night, the loss of rental income is a very real nightmare that creeps closer and closer.
Chapter 2: The Curse Of An Unoccupied Home
Just as haunted houses stand alone on the hill, empty properties exude their own peculiar kind of loneliness. Unoccupied homes face a slew of risks that grow with each unclaimed day. Maintenance issues go unnoticed, lawns become overgrown, and the home may even attract real-life trespassers—not the ghostly kind, but the sort that leave behind a mess nonetheless. As days pass, vacancy takes a toll on the condition of the home itself, further compounding the financial hit of lost rent.
This is where Belong steps in to break the curse. Our “Guaranteed Time to Love” product ensures your home will find a resident within 45 days, or your home’s leasing fees are on us. No more sitting idle in vacancy purgatory, no more haunting fears of prolonged losses. With Belong, homeowners can say goodbye to the curse of vacancy and hello to peace of mind.
Chapter 3: Banish The Ghosts With Belong’s Expertise
At Belong, we’re experts in exorcizing vacancy and missed payments from your property’s future. Our team works tirelessly to find qualified residents who will make themselves at home quickly and responsibly. Our dedicated care and marketing efforts ensure that each home we manage is well-cared-for, occupied, and protected from the ghostly grip of vacancy.
So this Halloween season, leave the spooks and scares to the jack-o'-lanterns and spooky decorations. With Belong, your home is safe from the curse of vacancy and the shadow of missed payments. It’s our treat for you, with no tricks involved.
Happy Halloween from Belong! Let us handle the ghosts and goblins of property management while you enjoy the season, knowing your home is in good hands.
Disclaimer: We don’t enjoy using the word ‘landlord’. We prefer to refer to members in our network as homeowners and residents, not landlords and tenants, since we’re on a mission to upend and redefine the traditional landlord-tenant relationship. That said, this article is for homeowners taking the leap for the first time who are looking for answers with more common industry terms like ‘landlords’ and ‘tenants’, so in some instances we have had to stick to the old moniker for owners of rental homes. This article is not intended as financial advice.
About the author
Tyler Infelise
Co-Founder & Head of Product
I co-founded Belong because I'm on personal mission to eliminate stressful, anxiety-filled experiences for others. I lead the product team here, bringing with me 10+ years of product management and marketing experience. Prior to Belong, I built a company called Beepi with my cofounders. I am a big foodie, love movies of all kinds, and live for March Madness basketball.