What Is a Loan Constant?

What Is a Loan Constant?

Most people who apply for a loan only consider the interest rate that they are quoted by their bank or lender. While this is a good starting point it does not reflect the true “Cost of Capital.” For example, suppose you are purchasing an income property and your banker quotes you a 6.00% rate on […]

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Apartment Investing Business Plan

Apartment Investing Business Plan

Last Monday I was on the phone with a beginning apartment investors. She said she really wanted some type of shortcut or tool to help her find and purchase a great apartment property – one that would be right FOR HER. We all have different ideas on what a good deal is, don’t we? This […]

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Due Diligence: Real Estate Development

Due Diligence: Real Estate Development

In addition to an acceptable package detailing the projected use of the property, associated costs, and future cash flow projections the following issues need to be addressed in depth as well: A. PROPERTY / TITLE Maps, locations, and overview items Current ownership and control Current title holder Property title documents / last search List of […]

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