Suburbanization represents a significant shift in population from bustling urban areas to quieter, surrounding suburbs.
This arrangement allows an investor to lease a property from the owner and then sublease it to another tenant. In this setup, the investor acts as both lessee and lessor simultaneously.
Removing this contingency means the buyer is committed to proceeding with the purchase, regardless of their financing status.
The safety clause, also known as the protection clause, ensures that a real estate broker is entitled to commission if a sale occurs with a buyer they introduced during the listing period, even after the listing agreement has expired.
This agreement allows the investor to generate cash flow from rent without the immediate need for a large down payment or property purchase.
This technique offers investors the potential to capitalize on market dynamics without actually completing the purchase.
"Zip level" in this context refers to analyzing data at the level of ZIP code areas. This focuses on specific statistics, trends, and metrics relevant to that locality.
An appurtenance is anything attached to a property that becomes part of the real estate itself. This includes fixtures and improvements that enhance property value and usability.
The mortgage constant is determined by dividing the annual debt service by the total loan amount, expressed as a percentage.
