If you are thinking of investing in Brooklyn Real Estate Here are Some Terms That You Should Know part 2 of 2

 

Real Estate Investment Terms

Proforma Schedule- an operating statement adjusted to reflect a potential chanage in income and expenses based upon the investors knowledge of the real estat market

rate or return- percentage of net income produced by a property or other investment

Rent roll- the number of units currently occupied in a building mulitiplied by the rental amount per unit

Tax depreciation- a provision of tax law permitting a property to take an ordinary business deduction for the amount of annual depreciation.

tax free exchange- trading of like kind properties held as an investment or for use in business

valuation- established an opinion of value utilizing an objective approach based on facts related to the property such as square footage, location and cost to replace.

 

 

Michele Cadogan

917-861-9166

Fillmore Real Estate

Licensed Real Estate Associate Broker

About Cadogan's Brooklyn Real Estate Blog

Michele Cadogan is a Brooklyn NY real estate professional . She makes the process of buying, renting and selling real estate in Brooklyn a good experience. A long time Flatbush Brooklyn resident, she has a tremendous appreciation of the borough, its great history and its diverse communities. With a degree in Political Science and Economics she brings a balance perspective to the your real estate experience. Truly a professional in a people oriented business. When looking for a real estate agent in Brooklyn to help you buy or sell a home in Brooklyn , call Michele. Michele Cadogan Fillmore Real Estate Licensed Real Estate Associate Broker 917-861-9166 Your Brooklyn Real Estate Professional
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