Jason Yarusi from Yarusi Holdings joins us today to give some practical advice for saving on controllable expenses. The first place where you want to start is with your utilities, and he shares how little adjustments in terms of water and electricity can make a big difference. Another area with cost-saving potential is contracts. When you have had the same service provider for years, it is easy to lose track of their rates and in doing so, you could be overpaying on services. That is why Jason advises listeners to renegotiate prices every year. When you start making these small upgrades to your property, be sure to include your tenants in the conversation and get their buy-in before you bump up the rent. The conversation concludes with Jason encouraging listeners to remain persistent in their real estate endeavors.
Key Points From This Episode:
“Now is the time to get into your numbers and make sure that there are not things running wild.” — @JasonYarusi [0:05:06]
“You just need to keep consistent on it and really just be persistent.” — @JasonYarusi [0:10:46]
Links Mentioned in Today’s Episode:
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