High inflation has a downside for real estate investors too.
Property insurance costs are up 17% year-over-year. Turnover costs have surged 15%. Utility costs up 10%, property taxes up 4%.
The obvious way to deal with higher property costs is to raise the rent.
I see more lease agreements where tenants must pay for $200 worth of repairs per occurrence.
ChatGPT wrote real estate rap lyrics for me and even a podcast script. But I tell you why I won’t use either one.
M.C. Laubscher, the Cashflow Ninja joins us. He tells us how to avoid big financial mistakes, earn tax-free returns with liquidity, and the defensive investing strategy mindset.
He tells us why future tax rates will probably be higher. High cash value life insurance can help, sometimes known as the “Infinite Banking Strategy”.
Learn why liquidity is so important for today’s RE investor.
We discuss how much cash you should hold onto. Is 6 months’ worth of expenses enough anymore?
Resources mentioned:
Show Notes:
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