Why Landlords Are Throwing in the Towel: The Hidden Cost Crisis That Could Wreck Your Rental Empire Overnight

Why Landlords Are Throwing in the Towel: The Hidden Cost Crisis That Could Wreck Your Rental Empire Overnight

Regardless of the exact criteria you use, it would be worth trying to rightsize your portfolio for cash flow, if you haven’t done it already.

Challenging Tax Increases and Rebidding Insurance

As noted, property taxes went crazy in Jackson County in 2023. Ours went up an average of 67%! However, after challenging them, I got them down to a still-crazy-but-more-reasonable 39%. Those savings are incredibly important.

Even during normal years, it’s worth going through your tax assessments carefully and challenging any that seem high.

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