Property ownership can be beneficial, but it can also be a bane of even an experienced investor’s existence. According to the U.S. Census Bureau, almost 10{e063e7cab84e8a0ec66da6dee3a63638557496b3ba7cd125953c82c1f352c666} of residential property nationwide is vacant, and 75{e063e7cab84e8a0ec66da6dee3a63638557496b3ba7cd125953c82c1f352c666} of those vacant properties are owned by investors. That’s almost a 1{e063e7cab84e8a0ec66da6dee3a63638557496b3ba7cd125953c82c1f352c666} increase from 2016 when Flint, Michigan held the record with over 11,600 vacant homes citywide–87{e063e7cab84e8a0ec66da6dee3a63638557496b3ba7cd125953c82c1f352c666} of which were considered investment properties. Vacant properties can not only financially gouge investors, they can also create a public risk to the entire community. Protecting your property is the best way to ensure your investment increases in value. But what are the real dangers associated with unprotected vacant properties and how can Korner Security help relieve all your worries?
Theft and Vandalism
The Midwest alone has vacant land across 11.3{e063e7cab84e8a0ec66da6dee3a63638557496b3ba7cd125953c82c1f352c666} of its entire area and over 3 vacant properties for every 1000 residents. Theft and vandalism are …