Discover how you can start selling rental income property today using this simple five-step approach. A must-read for residential real estate agents.
If you’re a real estate agent that does not sell multifamily or other investment real estate at least some portion of the time, then you’re missing out on a great opportunity to build your real estate business.
Moreover, I believe that any real estate agent can sell multifamily property just by learning a few basics, whether they’re a novice to real estate investing or not.
Discover the various ways net operating income gets used in real estate investing and learn how each is calculated.
Net operating income (NOI) represents a rental property’s potential income after all vacancy and operating expenses have been subtracted. As a result, because net operating income represents the investment property’s productivity, or measure of cash flow, it’s one of the most important calculations made in real estate investing.
To help plant the idea, consider net operating income in one of the following two ways, depending on whether or not a mortgage exists.
Discover the benefit of using a Proforma Income Statement to help you evaluate a rental property’s long-term cash flow and future performance. Why you should use it cautiously, and how you can create one.
A proforma is a useful way for real estate investors to evaluate an investment property’s future cash flow performance. Unlike an APOD, which merely gives a snap shot of the property’s first year cash flow, proforma income statements look at revenue and expense projections typically up to ten years, enabling the investor to evaluate the investment real estate’s cash flow, tax benefit (or loss), sales proceeds, and other financial projections.
You have decided not to renew a particular tenant’s lease for any number of reasons (late rent, noise complaints). Immediately after notifying them that they must be out by the 31st, they stop returning your calls and are very cold when you do see them.
You never hear from them again, but you stop by at 5pm on the 31st to check if they clean up the apartment only to find them still living there. Now what do you do? I have some ideas on “Now What?”, but let’s first examine what you should have done prior to reduce your risks of the “Now What?”.
Dubai is now being recognized as the business, leisure and sporting capital of the Middle East. Overseas property buyers and its millions of visitors each year are attracted to the liberal attitude and relaxed environment. Live and let live is the feel of Dubai where the majority of the 1.5 million populations are in fact expatriates.