As a real estate investor, you must grasp the latest trends and buzzwords to help you extract more from the information flowing around you. The real estate investment business is not a stagnant enterprise but requires dedicated oversight and real-time adjustments to your investment strategy to protect your holdings.
Staying up to date in the real estate investment business is critical for success, so read on as we explore these five real estate buzzwords every Ohio and California real estate investor should know.
Cash Flow
Positive cash flow is the goal of every Ohio and California real estate investor making cash flow one of the terms you should know. Positive cash flow is when a profit remains annually after all investment expenses are covered. Professional buyers like those at Homesmith Properties will show you the ropes as you learn the tricks of the trade that keep the cash flowing. In addition, the professional buyers at Homesmith Properties can help you understand how to maximize potential.
Cap Rate
The cap rate is another real estate buzzword every Ohio and California real estate investor should know, used by investors as a metric to evaluate available properties and find the best deals.
Professional buyers like those at Homesmith Properties run the numbers to help you select investments that earn the highest possible returns for your investment dollar. In addition, the professional buyers at Homesmith Properties will teach you the trusted formulas that help real estate investors predict the yield from an investment property.
Value-Add
Value-add is our next real estate buzzword every Ohio and California real estate investor should know. It refers to a short-term investment strategy of finding low-priced properties needing upgrades or repairs to increase their value. Professional buyers like those at Homesmith Properties can help you understand how to create a realistic working budget and timeline. The professional buyers at Homesmith Properties bring their team of highly regarded local skilled tradespeople to the table, providing reliable data and results that add up to success.
Turnkey
Every Ohio and California real estate investor should know the term turnkey, meaning the property is ready for occupancy without any expenditure for repairs. You can begin earning cash flow from the property immediately. Professional buyers like those at Homesmith Properties have built-in efficiency to speed transactions with their full-service in-house team of industry specialists, from the inspection to closing. The professional buyers at Homesmith Properties work with the most sought-after property management team in Ohio and California with the ability to step in and handle everything from tenant screening to full-time on-site management.
Market Cycle
Real estate goes through market cycles, an essential real estate buzzword every Ohio and California real estate investor should know. With a keen awareness of every market phase, be it recovery, expansion, hyper-supply, or recession, you can make wise choices about your entry and exit strategies that will help protect your holdings. Professional buyers like those at Homesmith Properties stay on top of the critical factors contributing to savvy Ohio and California investment moves. In addition, the professional buyers at Homesmith Properties help keep Ohio and Californiareal estate investors like you informed to help you come out on top of downturns and ride the waves when the market is up.
The professional buyers at Homesmith Properties can help you become familiar with all the essential real estate buzzwords every Ohio and California real estate investor should know. So why not let the pros at Homesmith Properties help you keep your portfolio well-diversified and healthy while you enjoy your golden years? At Homesmith Properties, we make it easy for a real estate investor like you to succeed with built-in efficiency and a team of investor-minded professionals from every walk of the real estate industry backing you up. Call Homesmith Properties at 1-833-HSPROPERTIES (477-7673).