Protected: Facts by Email #34 – September 7-14, 2015
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What exactly is a co-ownership property?
Well, in a co-op essentially - residents buy a share allocated to a particular apartment in the co-op building but the building is owned by the Co-op Society. There are two kinds: Profit and non-profit. The non-profit buildings are mostly government sponsored (through loans), have income restrictions and are meant to be given back at no profit. Actually most
What is a cap rate anyhow?
Investors are always searching for profit or yield, but how do you know what actual cash flow there comes out of a given property? Well, Real Estate investors - small and large - use what they call a cap rate to find the true net income. But to find that elusive rate is one of
