Rule Of 72 And Rule Of 69
Definition of "Rule of 72 and rule of 69"
Rule of thumb approach used to determine how long it takes to double an investment in real estate. Under this approach, dividing the number 72 by the fixed rate of return equals the number of years it requires for annual earnings from the real estate investment to double.
Popular Real Estate Terms
To upgrade a facility by installing up-to-date technology as well as introducing stylistic changes reflecting current patterns. Modernizing a facility can add substantially to its value and ...
The American Institute of Real Estate Appraisers, in short, the AIREA, or the Appraisal Institute as it is known nowadays, is an institute that aims to advance professionalism in the real ...
Residing in or using real estate. An example is a tenant in an office building. ...
Same as term deed of trust: A document that conveys title to a neutral third party (trustee) during the period in which the mortgage loan is outstanding as collateral for a debt. ...
The nonavailability of jobs for people able and willing to work at the prevailing wage rate. It is important measure of economic health, since full employment is generally constructed as a ...
Residence units owned by the government and available to low income families at a nominal cost. ...
Also called profit and loss statement. A financial statement depicting a business entity's operating performance and reports the components of net income, including sales of real estate, ...
See accommodation endorser, maker, or party. ...
Time period in which one may carry out a lien on property. ...
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