Property Analysis Here’s an example of some Property analysis Guidelines, make sure you’re comfortable with the Guidelines YOU use! Mike 1.Price/Square Foot 2.Capitalization Rate Cap Rate = Net Operating Income/Purchase Price (Value) *NOI Gross Rental Income (month) -Vacancy -Real Estate tax -Insurance -Maintenance -Condo/HOA fee NO PI! NOI/month x 12 _____________NOI Annually NOI/Purchase Price (Value) […]
Continue readingWeekly Update 4/17/2020 Congress Missed a Chance to Protect Rentals. We Can’t Let it Happen Again! All of us at National REIA hope you and your families are well. The COVID-19 outbreak is an enormous challenge to our communities and our nation. While Congress enacted far-reaching measures in response to the crisis, more needs to […]
Continue readingTopic: Market Update, Home Depot & Atty Jonathan – 7pm Webinar Start Time : Mar 31, 2020 06:25 PM Meeting Recording: https://us04web.zoom.us/rec/play/6cV7d72hp203HYKc4gSDVvUvW9W7e6Os13RK_aJYmkvgVSQAZFf0YbAXYOUlpR1ZBGMYTO7NZoPbmN3c?continueMode=true Movers & Shakers – Friday, March 6, 2020 7 – 8:30pm (1st Friday of the month) meeting at Kelly’s Roast Beef, 165 Endicott Street, Danvers, MA 01923-3657 7-8:30pm We’ll begin with What are we all working […]
Continue readingWeekly update, April 10, 2020 for MassRealEstate.net 69% of Households Paid their Rent by April 5 The National Multifamily Housing Council (NMHC) says that 69% of households paid their rent by April 5th. This figure is 12 points less than the percentage that paid by March 5th and 13 points less than one year ago. […]
Continue readingWeekly update March 27, 2020 for MassRealEstate.net National REIA Statement on COVID-19 and Housing Providers The National Real Estate Investors Association, its Chapters and Affiliates, and over 40,000 members, encourage all residents who are in financial distress to proactively contact the owner or manager of their home prior to April 1st or the date upon […]
Continue reading