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8 January 2025 | 38 replies
The real issue is that they didn’t have a plan to monitor usage or set up protections to minimize costs during the eviction process.Ideally, the PM could’ve done things like:Limit access to unnecessary areas to reduce power use.Install smart thermostats to keep heat at a safe minimum.Request a utility cap in court during eviction proceedings (if allowed in your area).Bottom line: It’s less about the utility switch itself and more about proactively managing costs once the tenant overstayed.bro what?
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2 January 2025 | 14 replies
Contributing to a Solo 401(k) or SEP-IRA can reduce taxable income, and Section 179 or bonus depreciation lets you deduct equipment costs upfront.
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2 January 2025 | 1 reply
I have dabbled in real estate, but never heard of brrrr before now, and transparently never did much research outside of knowing that property ownership was a way to reduce my taxable income.
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14 January 2025 | 28 replies
But even if you’re not using Baselane, any tool that integrates with your bank and helps automate categorization can drastically reduce year-end headaches.
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31 December 2024 | 20 replies
The implication is to lower rents requires reducing the cost of ownership.
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1 January 2025 | 12 replies
This takes a little more work, but it's the fairest and reduces the likelihood of tenants that squander utilities.If you choose #2 or #3, there are considerations:Start with an average.
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13 January 2025 | 15 replies
This reduced time spent on mundane tasks - answering investor questions, sending out loan information, handling loan inquiries etc about 80%. 5.
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6 January 2025 | 5 replies
This reduces exit options and affects the value. 10) Small number of small units is the most expensive residential development there is.
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29 January 2025 | 107 replies
Also, just because you will be renting to S8 tenant does not reduce risk.....yes the tenant may be on a voucher and it will cover 70% at the least of the rent but the tenant quality will be low.
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15 January 2025 | 12 replies
If you're refinancing six properties, bundling them into a portfolio loan might help you consolidate debt, reduce rates, and avoid individual property issues like this.Negotiate Closing Costs or LTV with Kiavi.