In last week’s Weekly Wealth Widget, we talked about Net Operating Income (NOI). To summarize, this is basically the net income after all revenues and expenses without a mortgage. Another critically important term in the language of real estate investing is the capitalization rate or simply “cap rate.” The cap rate is simply defined by […]
Wealth Formula Nation, As promised, I present to you the first weekly wealth widget. For some of you, most of these emails will be review. However, if you give a quick glance to each one every week, you might learn something. We are going to start very basic. Let’s talk about the term Net Operating […]
According to the SEC, you are an accredited investor if your annual income exceeds $200,000/year ($300,000 if filing jointly) OR you have a net worth of greater than $1 million excluding your personal residence.
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