In the real estate world, Short Sale means the bank is willing to sell a property to a buyer at a price less than the outstanding mortgage balance. This means the bank will need to write off the remaining balance and call it even. When deployed properly, this can be a very powerful strategy for…
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NOI – Net Operating Income
There are several commonly-used metrics that a real estate investor uses to analyze the potential of any given opportunity. We will start with some basics and then gradually move into some of the more advance concepts. To begin the series, we will talk about Net Operating Income. Net Operating Income, or NOI for short, is…