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Net Effective Rent, sometimes Net Effective Rate, or NER for short, is a measure of the expected income from a tenant, seen mostly in commercial real estate. It is the net present value of all the rental payments over the period of the lease, as well as any abatements or incentives that might add to or lower these payments. An example of a ...
Porter's wages is an accounting method used in commercial real estate to calculate inflation of certain recoverable expenses.. The term "porters" normally refers to people who carry objects, like bellhops in hotels, but for historical reasons in the United States it also came to cover the cleaning and maintenance staff as they were represented by the same unions.
From waitress to billionaire, Barbara Corcoran knows what she's talking about when it comes to careers, business, and entrepreneurship.
An 8.33 GRM calculated on annual rents suggests the gross rent will pay for the property in 8.33 years. The common measure of rental real estate value based on net return rather than gross rental income is the capitalization rate (or cap rate). In contrast to the GRM, the cap rate is not a multiplier but a rate of annual return.
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Robert Kiyosaki is the founder of the "Rich Dad" empire of financial books, podcasts and other communications. One of his primary recommendations for building wealth is to invest in income ...
WAULT, short for weighted average unexpired lease term, is a measurement used in commercial real estate to quickly judge the value of contracted rents in a property, or more commonly, a portfolio of properties.
Robert Kiyosaki, author of the bestseller "Rich Dad Poor Dad," teaches people how to become wealthy beyond the 9-to-5 grind. Read More: 'Rich Dad' Robert Kiyosaki Reveals Why the 401(k) Is a...