Understanding Multifamily Lingo: “Income Reducers” blog May 29, 2020
Income Reducers: What are they? The difference between the Gross Potential and the Gross Collective are categories of rental income that we call Income Reducers. Income Reducers bring you from...
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#56: How To Start A Residential Assisted Living Facility with Gene Guarino podcast May 27, 2020

Gene is the founder of the Residential Assisted Living Academy. The RAL Academy is the premier source for education in owning, operating, and investing in Residential Assisted Living and senior...

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Understanding Multifamily Lingo : “ALTA Survey” blog May 22, 2020
This is among the provisions found in a Purchase and Sale Agreement. You need to ask for the gold standard - The ALTA Survey! This is in Article 5 of the Purchase and Sale Contract - this will...
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#55: Former NFL Player Turned Real Estate Investor with Logan Freeman May 20, 2020

Logan Freeman began LiveFree Investments in early 2018 after the corporate world had let him down one too many times. Real estate has always been his passion and got kicked into full gear after...

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Understanding Multifamily Lingo : “RUBS” blog May 15, 2020
What is a Ratio Utility Billing System?

What is RUBS? It's called the Ratio Utility Billing System. It's not a company. 

There are several companies that have this service or have created...

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#54: Setting Up Your Entity Like A Professional with Garrett Sutton podcast May 13, 2020

I had the pleasure of speaking with Attorney Garrett Sutton regarding setting up your entity the RIGHT WAY! Boy was this call a lot of fun. I had a Baker's Dozen of questions for Garrett and he hit...

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Understanding Multifamily Lingo : “HVAC is ABP” blog May 08, 2020
This one can be seen in a property package, which says HVAC is ABP. But what does that mean?

Well, HVAC is ABP means Heating, Ventilation, and Air Conditioning is All Bills Paid. This is versus...

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#53: The Science of Flipping with Justin Colby podcast May 06, 2020

Justin Colby is a real estate investor, public speaker, podcast host, and coach. He is the Co-Founder of Phoenix Wealth Builders, a real estate solutions company, specializing in providing...

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Understanding Multifamily Lingo : “Rent Concessions” blog May 01, 2020
Rent Concessions are an example of an "income reducer". Here are examples of Rent Concessions and why they are income reducers!

Rent concessions are what we call an income reducer. Income...

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#52: Owning Your Own Property Management Company with Colin Douthit podcast Apr 29, 2020

Colin Douthit started as an investor and spent 24 months purchasing and managing his own assets. Then he started the management and construction companies to help in servicing their out of state...

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Understanding Multifamily Lingo : “Net Operating Income VS. Net Ordinary Income” blog Apr 24, 2020
What's the difference between Net Operating Income and a Net Operating Income?

What's the difference between the net operating income and the net ordinary income? 

Well, technically, nothing,...

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#51: The Future Of Workforce Housing with Scott Choppin podcast Apr 22, 2020

There are Big Changes Ahead and Scott Choppin is on the tip of the arrow. If you have ever thought about building and developing real estate, you have got to listen to this podcast (especially if...

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