The definition of the price-to-rent ratio is very important for real estate investors. This ratio is a measurement for the affordability of a particular rental property and tells investors ...
Rental increment tied to sales or profit that is in addition to the flat rental fee. Assume a retail store in a mall is charged a base rental of $5,000 per month plus 2% of sales. If ...
Reduction in taxes payable to the IRS or local government. A tax credit is more beneficial to the taxpayer than an itemized deduction because it reduces taxes on a dollar-for-dollar basis. ...
Clause at the beginning of a legislative statute explaining its purpose. A preamble neither confers or increases powers contained within a statute and is therefore not an essential element ...
Amount of money that must be charged or invested in the initial stage of a business transaction to demonstrate good faith as well as to help offset some expenses. For example, the customary ...
While we do refer to it as we usually refer to cities, Arlington, Virginia, is not a city. There are many who think it should as it feels, acts and looks like one, but still, Arlington is a ...
When you hear someone referring to a real estate agent type as a “general agent”, it might seem that someone is calling that agent “basic”, common. Right? But the ...
Hey, don’t feel ashamed for not knowing what is the difference between a real estate broker and a real estate agent. This is truly one of the most common real estate confusions out ...
If you’re asking this question, chances are you have at least a little experience in real estate investing. Maybe you don’t have any real world experience, but you’re ...
The city of Pensacola FL is well known for the Pensacola Naval Air Station that is located nearby; but did you know that it’s also a great place to live? That’s right! Living in ...
Upper Marlboro is the seat of Prince George’s County, Maryland, with a population of about 700 people. Upper Marlboro is just 0.4 square miles and about 5% of that is water, making it ...
The city of San Antonio is part of the metropolitan area of San Antonio-New Braunfels and with a population of 1.5 million people, it is the second-most populous city in Texas. San ...
Have a question or comment?
We're here to help.