The South Dakota Multifamily Housing association just released the vacancy rate for Sioux Falls multifamily properties: 6%. This is the…
We spoke before about how to find deals. We’ve also discussed at length about how to evaluate deals. Once you’ve…
So, you have found your first deal. At this point, you’ve spent a lot of time and money and you…
2005 was a long time ago, I know. I had just graduated from medical school and real estate was the…
You’ve seen the numbers. You’ve compiled a list of discrepancies. You’ve come up with a bottom line, that precious NOI…
Expenses. Everyone hates them. If you are a Buyer, you hate them more. This is the area where Sellers fudge…
We talked about the Profit and Loss statement in part 1. Today, we will go deeper into the Income side.…
This one is not really a step in evaluating each deal, it’s a thing you learn more about every time…
You sent out your yellow letters and waited patiently. Finally, you got a call. There’s a guy wanting to sell…
Net Operating Income (NOI) is an essential part of your business to understand. Once you’ve been doing it for a…