Updated almost 7 years ago on . Most recent reply
Real Estate Statement that I love. Simple but wise.
If the property can generate adequate net operating income to support sufficient debt to finance the property and provide a satisfactory cash return to the developer-investor, the project is financially feasible.
Good luck out there BP Austinites!
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Mini accountant rant...
If the difference between acceptable NOI and unacceptable NOI is the cost of lawn care, the investor isn't an investor. They are an over-leveraged consumer who has no business risking their family's liquidity so they can call themselves an investor!