Real Estate Expense Recoveries—What are they, how do they work? part 2
Monday, January 04
Expense recoveries (aka reimbursements or pass-throughs) serve as a customary ingredient in leases for non-residential property. In part 1 of this article, I discussed some of the typical ways such an arrangement might play out. The Simple Pass-ThroughIn a single-tenant property the tenant may ...
What do you need to know about the income stream?
Monday, December 29
I recently recorded a podcast with Joe Fairless for his series, "The Best Real Estate Investing Advice Ever." I'm not sure I would be so bold as to suggest that my advice is the best ever (how about "good sometimes" -- ?) but if you'd like to hear my take on why income-property investors need to...
Can Capex Reserves Affect Your Real Estate Investment's Valuation?
Friday, November 07
Can something as simple as the treatment of reserves alter the valuation — or evaluation — of your income-property investment? This is a discussion that comes up every year when I teach real estate investment analysis to my grad students: Where, how, why do you deal with "reserves for replacemen...
The Cash-on-Cash Conundrum -- a Postscript
Tuesday, September 16
A strong CoC unarguably provides a good sign that your investment is off on the right foot. Is that the end of the story – or should it be? I think this narrow focus can cause an investor to miss some vital issues.Read my discussion of the issues surrounding the cash-on-cash metric in real est...
Crowdfunding Real Estate Investments
Wednesday, April 23
Have you thought about crowdfunding a real estate investment? Is this the Next Big Thing or a flash in the plan? What are the upsides? Anything to watch out for? While I doubt that anyone has all the answers (or any of them), I'd like to share my take on real estate crowdfunding in ...
Some Really Short Surveys, and a Maybe a Nice Freebie for You
Monday, March 17
We’re always looking to have our RealData analysis software keep up with the changing needs of investors, and so we are embarking on a series of really short surveys to help us measure those needs. Our first survey asks just two questions: What kind of property do you buy (or want to buy...