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Podcast: Get Rich Education
Episode: Grappling with Rising Property Expenses, Defensive Investing
Description: 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 ho...