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Updated over 6 years ago on . Most recent reply

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Lexi Teifke
  • Property Manager
  • Austin, TX
297
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514
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Real Estate Statement that I love. Simple but wise.

Lexi Teifke
  • Property Manager
  • Austin, TX
Posted

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! 

Most Popular Reply

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Beau Fannon
  • Real Estate Agent
  • Austin, TX
259
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229
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Beau Fannon
  • Real Estate Agent
  • Austin, TX
Replied

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!

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