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Meanwhile, inflation has made it harder for tenants to absorb rent increases, leaving landlords in a precarious position. Rising Costs, Shrinking Margins One of the primary challenges landlords face in 2024 and heading into 2025 is the skyrocketing cost of property insurance.
Meanwhile, inflation has made it harder for tenants to absorb rent increases, leaving landlords in a precarious position. Rising Costs, Shrinking Margins One of the primary challenges landlords face in 2024 and heading into 2025 is the skyrocketing cost of property insurance.
Recent industry trends highlight the importance of meticulous income tracking and effective vacancy management. With 736,000 new multifamily units expected to come online in 2024, the supply might outpace demand in some markets, potentially increasing vacancy rates and impacting your EGI.
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