What is the Cap Rate and why is it important?
The Capitalization Rate (Cap Rate) is, in short, the yield on long-term real estate investment or rate of return. It is considered an asset’s earning potential. This potential, however, is based only on the property and not the other factors which may include taxes, insurance, maintenance costs,…[Read more]
Did you know….tidbits of RE Investment knowledge?
MAO= Maximum Allowable Offer
He who masters the discipline of proper property analysis
will become the master of profit.
You cannot violate the maximum allowable offer (MAO). If you trespass beyond this line you will be tempting fate and less profit. The MAO is the most you should offer f…[Read more]
The National REIA posted about Fannie and Freddie backing debt through mortgages. Here are some of the arguments. What’s your opinion?
Fannie & Freddie Backing More Mortgages of Those Deeply in Debt 0
BY BRAD BECKETT ON JUNE 11, 2019 RESIDENTIAL
A recent article by the Wall Street Journal (reposted on Realtor.com) says that Fannie & Freddie are…[Read more]
Here’s an interesting article from the National Association of Realtors pointing out significant uses of Drones. Have you incorporated them into your business and what has been your experience with them? https://www.nar.realtor/drones