Capitalization Rate Basics
Sunday, July 29
The Capitalization Rate, Cap Rate or Cap, are terms heard quite often in regards to income properties and for this article an apartment building.A simple definition of a Cap Rate would be a number, specifically a percentage that gives an estimate of the value of an apartment. To determine if an a...
Gross Rent Multiplier As Value of a Property
Friday, July 27
The Gross Rental Multiplier (GRM), Multiplier for short, is easy to calculate, but what value does it hold? In the world of investment properties you will see it stated in advertising, pro forma statements, broker's listings and online property sites. The standard definition of a Multiplier is...
Visual Display of Operating Expenses Using Excel 2010
Wednesday, March 09
I was teaching in the college computer lab last week when a student asked for help with his Excel worksheet. He had created a pie chart and wanted to print his worksheet and pie chart on one page. We adjusted the size of the pie chart and reduced the page margins, but it was going to print...
Craigslist ad Completion - Step 3
Tuesday, August 24
Links and More Time to finish our Craigslist ad. Placing a link to your website will be the most important tag to complete our ad. The final three lines are: We Buy Houses – Quick Closing – Cash Now Call (555) 555-5555 Visit us at: Link to your website The first two lines are just a review ...
Craigslist ad - Step 2
Monday, August 23
Bulleted ListOur Craigslist ad has six reasons why someone may need to sell their house quickly. We want to impress upon the reader the importance of the six reasons. Each reason or item will be preceded by a bullet. However, the order of the items is not important. We do not need to number t...
Craigslist ad text formatting - Step 1
Sunday, August 22
Last post, I showed you how to make your Craigslist ad title stand out. Now let's work on improving the appearance of your ad message.Here's an example of a possible ad: Sell Your House Now! Are you behind in paymentsFacing foreclosureNeed a Short SaleThinking about bankruptcyJob transfer or job...