NOI - the unicorn we're all chasing. As you may know, increasing the Net Operating Income (NOI) of any commercial property will not only increase your cash flow but also increase the value of your property since the value is determined primarily through NOI and Capitalization Rates (quick refresher on how to calculate the value of a commercial property). [...]
The #1 excuse new investors make is "There just aren't any deals." But, right behind that is, "I don't have enough money." It's true, you might not have enough money to do the deal by yourself...but very few people ever do. Those who do have enough probably don't want to put all their money in one deal [...]
Today's guest post written by a great real estate investor and friend of mine, Chad Carson. Chad, now 37 years old, began real estate investing from scratch right out of college at the age of 23. Since then Chad and his business partner have bought, sold, leased, and financed hundreds of properties in and around Clemson, [...]
Almost every week someone is asking me HOW do you get started in real estate. The problem is that you will get 100 different answers from 100 different people. That's because everybody has their own niche in real estate and a unique way which they started in the business. When I try to answer the question, [...]
Investing in real estate can be a nightmare when things go wrong. For example, I was about to start looking for my next rental property when I got a call from a tenant. She told me that the door on the mechanical closet was warped to the point that the door was jammed shut. When [...]
Neal is an Independent Certified Financial Planner™, based in Southern California. He founded Wealth Resources Group in 1994 to provide comprehensive fee-based financial planning exclusively. His firm specializes in helping clients make smart decisions about their money so they can stop worrying and start enjoying the things that matter most to them. If your [...]
The other night I was sitting on my bed with my wife and 3-year-old daughter Lily. We weren't doing anything unique, just chatting and playing before it was my daughter's bath time. I asked Lily if she would share her soft fleece blanket with me because my legs were cold. "NO! It's my blanket!" she said. [...]
You've come to realize that you need real estate in your portfolio, but you just don't have enough money to get started investing in real estate. Or do you? It turns out that you can actually invest in real estate with both your 401k or IRA (HSAs and Coverdells as well). So, if you are sitting [...]
After repair value is one of those terms you'll hear tossed around on a daily basis.
Without understanding ARV, you probably won't be successful for very long as a real estate investor.
So, embrace it, learn it, and love it.