A commercial property with a 39 year tax life that has a significant amount of assets that can be pulled out that have 3, 5,7 or 15 year life spans can mean higher tax reductions during the early years with much less depreciation later.

I would tell the tenant your estimated usage is $15 and you are willing to offer a rent reduction accordingly.

Affordable income SFR property management can often be a brutal pill to swallow to one’s perception of humanity.

There is a pill (cure) for everything.

By pooling resources with others, it enables economies of scale in property management and operational cost reduction.

vacancy utterly destroys cash flow and is much worse than even a significant reduction in rent. 

The housing price will increase significantly in 2024 in the Bay Area.The inventory level in San Mateo county and even east Bay Area has dropped to historical low, even though the price has not increased significantly.This dramatic reduction in inventory is a strong precursor signal of rapid price increase.For example, in foster city, the active SFH inventory today is down to 1 from 20-30 range.In Hayward, the active SFH inventory dropped to below 30 from 50-100 range.There is a huge number of buyers waiting to get into the market.

Big pill to swallow but smaller then what it will be if you wait. 

It seems like the homes that need more work are having to take small price reductions as they sit just a bit longer now.

To me, my real estate portfolio is an extension of my footprint and it's my ethical duty as an owner to make reductions on this front, too.What are everyone's thoughts around electric furnaces?