Underwriting
Reading operating statements a seller prepared
The document is real. Whether it describes the property you will own is a separate question.
Topic
analysis
Every Real Estate Investing Trends article tagged analysis — 5 pieces across 3 sections.
Underwriting
Internal rate of return, and what it hides
The metric that accounts for timing is also the one most easily manipulated by changing assumptions nobody checks.
Financing
When refinancing makes sense, and when it is just fees
Refinancing has three legitimate purposes and one common bad reason, and telling them apart requires only arithmetic.
Markets & Cycles
Supply, not demand, is what usually moves a market
Population growth gets the headlines, and permit data tells you more about where rents are going.
Underwriting
Cash-on-cash return, and why leverage flatters it
The metric that tells you what your money earns also makes the riskiest deals look the best, which is worth understanding before you use it.