Your goal as a homeowner is to enjoy your home and minimize costs as much as possible. If you can convince the property assessor that you live in a dump, then all the better! Unfortunately, in a rising property price environment, minimizing cost becomes much more difficult due to rising property taxes.
When things are going swell, it’s easy to get lazy about reducing expenses. But I encourage you to continuously manage your burn rate while figuring out how to maximize income. In the event of the next downturn, you’ll be that much more prepared to weather the hurricane.