Operations
Your operations define your long-term success in real estate investing. Fine-tune your process with: Asset Management | Asset Protection | Deal Analysis | Fundamentals | Growth | Lead Generation | Risk Management
Back To: All Topics
Operations
Your operations define your long-term success in real estate investing. Fine-tune your process with: Asset Management | Asset Protection | Deal Analysis | Fundamentals | Growth | Lead Generation | Risk Management
Back To: All Topics
Capitalization (cap) rate is the rate of return on a real estate investment based on the income the investor expects the property to generate. Cap rate estimates potential return. Calculate your cap rate with our REI-optimized Think Realty calculator! ...
Debt Service Coverage Ratio (DSCR)
Use this calculator to evaluate the viability of an rental property from a financing perspective. The math: (Net Operating Income / Debt Service) = DSCR Debt Service Coverage Ratio (DSCR) calculations are commonly used by lenders to determine your ability to make loan payments based on the performance of the ...
4 Key Questions for Rapid Growth with Cole Taylor
00:43:31 | Want to find rapid growth in every area of your life and business? In this session, Cole will cover 4 questions that will both provide the path and set the pace for growth in all facets of your life, both personally and professionally. Other Replays for this Event ...
Use this calculator to check the cash yield on an investment property, commonly after its first year in your portfolio. The math: (Annual Pre-Tax Cash Flow / Total Cash Invested)*100 = CASH-ON-CASH RETURN Cash-On-Cash Return calculations measure your return on the actual cash invested over one year. This calculator is ...
Use this calculator to measure your current return on a single rental property or compare multiple holdings. The math: (Net Operating Income / Property Total Value)*100 = CAP RATE Cap Rate does not include debt servicing costs. It can be calculated using different definitions of Expenses (cost) and net operating ...
Use this fillable PDF to inspect units throughout your tenant's occupancy. This fillable PDF template includes: Checkboxes for "OK / Acceptable" status of over 100 different residence features and appliances, with comment fields Pages to drop any photos taken TIP: Most states require you to notify your tenants a set ...
Move-In / Move Out Inspection (PDF)
Use this fillable PDF to inspect the unit with your new tenant at their move-in and move out. This fillable PDF template includes: Checkboxes for "OK / Acceptable" status of over 100 different residence features and appliances, with comment fields Easy comparison between move in / move out inspection condition ...
Housing Provider Reference (PDF)
Use this fillable PDF to gather housing references from a prospective tenant's previous landlord(s). This fillable PDF template includes: Applicant's signature authorization to contact and collect information from previous housing providers Editable text to add your email and/or fax number to form. Fillable fields for previous housing providers to complete, ...
Use this fillable PDF to help screen prospective renters. This fillable PDF template includes: Fields for a prospective tenant to apply for occupancy. Fields include contact information, social security, previous housing provider information, income, emergency contacts, and additional occupants, Recommended for both application and lease TIP: Make this available for ...
00:06:14 | Everyone has a personal view of what freedom means to them. Which of the three freedoms Dani and Flip mention means the most to you? Do you have another face of freedom you want to tell us about? Share in the comments! ...
Use this Excel spreadsheet to organize your budget over multiple real estate investment projects. This Excel spreadsheet template includes: Cells to input key property variables, including location, property type, number of units, status, price, and more. Ability to customize to your own profit margin tolerance TIP: Customize this spreadsheet to ...
Use this Excel spreadsheet to determine your maximum offer on a property This Excel spreadsheet template includes: Cells to input key cost variables, including property values, pricing, transaction and finance costs, holding costs, repairs, and more Ability to customize to your own profit margin tolerance Functions to automatically calculate totals ...
Use this letter to mail property owners about selling their unlisted, off-market property. This Word document template includes: Helper text to highlight where customization is needed Explanations for the methodology used so you can decide what will work for your goals. TIP: After customizing, to easily delete all helper text ...
n. A real estate broker has passed a state real estate broker license exam and can work as an independent real estate agent or have other agents working for them. v. Arranging the details of a deal ...
The practice of comparing one’s business processes and performance metrics to other companies in the same industry to establish industry standards and norms ...
Benchmark data is collected from industry sources to determine how businesses are performing. Typically, the most valuable data of this type comes from the highest-performing businesses ...
A collection of laws, strategies, and practices that make it difficult for one party to abuse the legal system to take things from another party ...
The value of a residence, usually for tax purposes. This value should involve comparable home sales in the area and property inspections, and is used to calculate property taxes. These are not always up-to-date ...
An expert valuation of a house by a qualified appraiser ...
The value of a property after repairs are made. ARV usually refers to the value of the property after it has been brought to a level comparable with other properties for sale in the area, but can simply indicate the value of a property after planned repairs are made. Investors must ...
The Federal Deposit Insurance Corporation (FDIC) defines affordable market value as the amount a buyer or tenant can pay to purchase or rent a property based on their income, not necessarily the appraised value of the property ...
A property owner who does not live in the area in which a property is located. Also a good source for potential leads ...
Think Realty Magazine March/April 2023
+ WHAT'S INSIDE Investment Strategy | How to Be a Smart Real Estate Investor in a Tight Market •Is Affordable Housing a Wise Investment? • 17 Ways You Can Make Money Investing in Real Estate Special Focus: Education in Real Estate Investing | Why Experience Is the Best Education • ...
Prepare for the Busy Rental Period to Shorten Vacancies
During the winter months, many properties see their lowest rental rates, negatively affecting the overall cashflow for the owner. In some areas, rain and snow have also taken their toll on the property, leaving it less favorable going into the busiest rental season. Leasing the property in this condition could ...
Why Real Estate Versus Other Investments
00:09:48 | Flip and Dani compare real estate versus other investments i.e. crypto bandwagon, banks, retirement accounts, etc. Here are the benefits of investing in Real Estate: Cash Flow and Passive Income, Appreciation, Tax Benefits, Leverage, Principal Pay Down, Cash Out Refinance, Inflation and last but not least, It's a ...
