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Finding Motivated Sellers Calling on Ads
I've been running an ad since last Sunday on a house that I am selling. I've had a mix of calls between owner occupants and investors. I'm fascinated with the investor calls. The last guy that called (an investor?) asked two questions. One, where was it located. Two,...
Crash Course in Commercial Real Estate
Here's a crash course in commercial real estate terms. Gross Rent = Yearly gross rental income from all units Gross Income = Gross Rent - vacancy factor + other income (for example, laundry) Net Operating Income (NOI) = Gross Income - all expenses except debt...
Going to Work ON the House Business, Not IN It
In The E-Myth, Michael Gerber puts forth the reason that most small businesses fail. The business starts because a technician who is good at something (repairing toilets and other small house repairs for example), decides he should be in business for himself. Now,...
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Finding Motivated Sellers Calling on Ads
I've been running an ad since last Sunday on a house that I am selling. I've had a mix of calls between owner occupants and investors. I'm fascinated with the investor calls. The last guy that called (an investor?) asked two questions. One, where was it located. Two,...
Crash Course in Commercial Real Estate
Here's a crash course in commercial real estate terms. Gross Rent = Yearly gross rental income from all units Gross Income = Gross Rent - vacancy factor + other income (for example, laundry) Net Operating Income (NOI) = Gross Income - all expenses except debt...
Going to Work ON the House Business, Not IN It
In The E-Myth, Michael Gerber puts forth the reason that most small businesses fail. The business starts because a technician who is good at something (repairing toilets and other small house repairs for example), decides he should be in business for himself. Now,...
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