Yeah. Not sure why, but my investment units stayed steady?? Thankfully. 48% ??? On my place?? Brick and block rancher. Labor and material cost increase, yes, agreed. I’m a R/E investor. Corp. Life was Insurance. Gotta little insight in these matters. It’s going up everywhere in an unjustified manor.
A lot of REIs are “self insuring” now. Or semi self insuring. Selecting a deductible that is quite high in line with their savings. I’ll probably be doing that either late this year or next year. We have 11 doors in NYS 6 of which are under gut rehab and 5 are active. I have one vacancy which is taking a loooong time to fill since the tenants are so undesirable.