From loan programs that allow you to put down less than 5%, to home repair tracking and more, we break down some need-to-know services for first timers out there.
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Capitalization Rate = Net Operating Income / Current Market Value
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Another way to quickly evaluate long term investments is the 1% rule. Just multiply the purchase price by 1% and the number you get should be the minimum monthly rental payment.
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In the following series, we will take a look at easy calculations investors can use to determine whether or not a property is a “good” investment. This is part 1 of 4.
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