Clarity on how to use NOI.

[Brandon Gamblin]

Hello everyone.......Question.......I've heard that NOI only applies to commercial properties. Can we use this measure for single family homes, duplexes or quadplexes? Can someone explain why or why not?

[Chris Seveney]

@Chris Risi

Uncontrollable costs which are your responsibility

1. Always get a tenant to pay utilities.

2. Keep your units in good shape to avoid misc. maintenance calls

3. Manage it like a business- review where your money is going and what can be done to save on $.