by Ray Hader | Oct 10, 2023
Market rent refers to the prevailing rental rate that a property can command in the current real estate market. Put simply, market rent is the amount that tenants are willing to pay for similar properties in the same location, considering factors such as property...
by Ray Hader | Oct 31, 2023
A Modified Gross Lease is a type of lease agreement that combines elements of both the Gross Lease and Net Lease structures. In a Modified Gross Lease, the tenant and landlord share the responsibilities for paying certain property-related expenses. Typically, the...
by Ray Hader | Oct 10, 2023
A mortgage is a legal agreement where a lender provides financing to a property buyer to purchase real estate. The buyer, referred to as the mortgagor, borrows funds to acquire the property while agreeing to repay the loan with interest over a set period. The property...
by Ray Hader | Oct 10, 2023
A multifamily home, also commonly referred to as a multifamily dwelling or MDU, can be a residential or commercial building designed to accommodate multiple separate living units within a single structure. MDUs can be apartments, condos, townhouses, or any...
by Ray Hader | Oct 10, 2023
Net Operating Income (NOI) is commonly used to assess the profitability of a particular property. NOI represents the total income generated by a property from its operations, minus operating expenses, however, excludes mortgage payments and income taxes. Net Operating...
