Knowledgebase
All of Think Realty's extensive content archive is at your fingertips. Filter by media type and keyword to hone in on exactly what you need.
Knowledgebase
All of Think Realty's extensive content archive is at your fingertips. Filter by media type and keyword to hone in on exactly what you need.
Construction loans are intended to finance construction of a physical structure rather than to be long-term financing. Residential construction loans may be converted to permanent after a home is complete in some cases, while most commercial construction loans require refinancing in order to exit them. They tend to be a ...
An agreement between a buyer and seller that the transaction (in real estate, usually the purchase of a piece of property) if certain conditions are met ...
Comparative Market Analysis (CMA)
Evaluation of how properties in an area have sold conducted for the purpose of making predictions about how a specific property might sell in the future. CMAs use comparable properties (comps) in the local area to make predictions about price, time on market, and other strategic decisions when listing a ...
A mortgage secured by a lien on a piece of commercial real estate rather than a piece of residential real estate. Commercial loans tend to be made to business entities and are frequently five years in length or fewer, with balloon payments made at the end of the term of ...
Any property used exclusively for business purposes. Commercial real estate includes retail space, office space, hotels, dining space, banks, and independently standing stores and service providers. Some definitions include industrial real estate space in the commercial sector ...
A color palette is the color scheme that you use in the home. It can change from room to room or flow throughout the house. Most designers recommend color palettes that vary, but do not clash ...
Checkbook LLCs allow “checkbook control,” which means if an IRA owns a checkbook LLC, the owner of that IRA has complete signing authority over the retirement funds in the retirement account. This is important if you use investing strategies like flipping or buying at auction that require you to make ...
The process of tapping into a property’s equity during the refinancing process. Cash-out refinancing involves refinancing a loan for more than the amount originally owed so that their loan is larger than it was before the refinance. The difference goes to the borrower in cash. Also referred to as a ...
When a lender opts to pay a delinquent borrower a sum of money to help them relocate and, in return, the borrower vacates the property and signs over all interest in it to the lender ...
The annual return an investor makes on a purchase of real estate in relation to the down payment (cash) only ...
A property that is generating regular income at time of purchase ...
Use this calculator to quickly compare and screen multiple rental properties in a given market. The math: (Property Fair Market Value / Annual Gross Rental Income) = GROSS RENT MULTIPLIER Calculating the Gross Rent Multiplier (GRM) is a quick way to compare multiple rental properties' return by evaluating the number ...
Why Experience Is the Best Education
When I was getting started, there were no YouTube videos or podcasts. There were TV infomercials on how to get wealthy investing in real estate with a number to call to give your credit card information for guaranteed success. I did go to paid trainings, I read the books, and ...
Inflation and Interest Rates with Aaron Chapman
00:31:14 | Inflation and interest rates are a trending topic that all investors need to be in the know with. This session will cover a deep dive into the history of rates and where the value of turnkey real estate has always existed regardless of what cost of leverage is. Other Replays ...
Also known as holding costs. These are the costs associated with owning a piece of real estate during a rehab. These costs may include monthly mortgage payments, insurance, utilities, and security ...
A tax levied on the profit from the sale of a property or investments. These taxes may be nearly 30 percent or more of the total profits on the investment ...
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! ...
When a bank accelerates all payments on a loan to make the entire balance immediately due. Usually banks include the right to do this in their loan agreements ...
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, ...
