And if your properties are spread out, an electric vehicle can save on gas.
It would definitely be worth spending some time brainstorming how technology can cut a variety of operating costs across the board.
Hiring Instead of Paying Contractors
This would only make sense for those with a fairly large portfolio. But broadly speaking, if you hire good construction guys and manage them well, they will be less expensive than contractors.
That being said, that’s a lot of ifs. And we’ve been on the wrong side of that equation before.
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