Waiting six months to refinance to get a .25% rate decrease may not make sense if you are paying a hard money loan of 12% in the meantime.

Once the property is placed in service, you're absolutely right that you'll want to find ways to increase expenses and decrease the amount you capitalize.

If it's the former, then yes you probably need to tweak your management to increase income and/or decrease expenses.

You could possibly decrease your 401k savings (which would increase your taxable income), and shift this savings over to your brokerage account. 

I noticed there have been some significant decreases in asking price up and down Western NC. 

EXAMPLE: I haven't cut my own lawn in over 10 years because I can get it done significantly cheaper than what I make per hour.The other component to keep in mind is landlords typically hire PMCs for one of two reasons:1) No time to properly manage2) No expertise to properly manage- Note: if you have enough time you can learn the needed expertise.Everyone wants to focus on how supposedly "easy" it is to manage rentals.The reality is:1) The difficulty & required time increases as the property/tenant quality decreases with Class A => Class B => Class C => Class D2) It only takes one bad tenant, bad contractor/handyman or mistake that leads to a lawsuit to cost a landlord SIGNIFICANTLY MORE than the cost of a PMC.What Class of rental do you have?

This is up to 2024 data, but when I add 2025, Calgary is following the red, Edmonton the green, but I expect Edmonton will level off or decrease in 2026.

I'm told the smell frequency decreased to once a week after I poured water down the drain as a temporary measure 2 months ago and then after I finally got the water running in there again 2 weeks ago there hasn't been anything.So case closed, I hope.You'd think this would have been easily fixable months ago, but it wasn't.

One option is to offer a temporary rent reduction rather than a permanent $300 decrease. 

We see land price decreasing from 2020.below are the projects we developed.