Financial Leverage
A portion of a real estate company's assets financed with debt instead of equity. It involves interest an principal obligations. Financial leverage is beneficial to real estate investors as long as the borrowed funds generate a return above the cost of borrowing. the increased risk can offset the general cost of capital.
Popular Real Estate Terms
Real estate bought and leased to tenants to obtain rental income. ...
Charges billed for services rendered. They may be on a flat basis or on an hourly rate. ...
Room in a building used to collect solar heat. To provide for such collection, a room is generally constructed with a glass roof and walls. ...
Matters that need to be rectified in a home or building prior to its sale or acceptance by a new owner. For example, a leaking water pipe should be repaired prior to showing the property to ...
Self-employed contractor who may perform work on a structure such as residential or commercial property. ...
Are you speculating what a spec house means? (sorry for the lousy pun) The textbook spec (or speculative) house definition is “one built on an experimental basis, without an order ...
Structure built into the water from the land providing a facility for boats to tie up. A dock will often provide utility access ...
Make changes to existing property. Example are putting in a new bathroom, kitchen, or basement ...
British thermal unit-a unit of energy associated with the creation of heat. Prior to 1929, it was defined as the amount of heat required to raised the temperature of 1 pound of water 1 ...
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