I Buy and Sell Houses! All Prices!: Multi-Family Real Estate Key Terms

Subscribe and Comment to win chance to become partner with Grant Cardone on Real Estate Deal

Multi-Family Key Terms – Grant Cardone: If you are going to get involved in real estate, you must learn the terms. Most people don’t know about the terms I’m discussing today.
1. Gross Scheduled Income (GSI)

GSI is the annual rental income a property would generate if 100% of all space were rented and all rents collected. If vacant units do exist at the time of your real estate analysis then include them at their reasonable market rent.

Rental Income (actual)
plus Vacant Units (at market rent)
= Gross Scheduled Income

2. Gross Operating Income (GOI)

GOI is gross scheduled income less vacancy and credit loss plus income derived from other sources such as coin-operated laundry facilities. Consider GOI as the amount of rental income the real estate investor actually collects to service the rental property.

Gross Scheduled Income
less Vacancy and Credit Loss
plus Other Income
= Gross Operating Income

3. Operating Expenses

Operating expenses include those costs associated with keeping a property operational and in service. These include property taxes, insurance, utilities, and routine maintenance. They do not include payments made for mortgages, capital expenditures or income taxes.

4. Net Operating Income (NOI)

NOI is a property's income after being reduced by vacancy and credit loss and all operating expenses. NOI is one of the most important calculations to any real estate investment because it represents the income stream that subsequently determines the property's market value – that is, the price a real estate investor is willing to pay for that income stream.

Gross Operating Income
less Operating Expenses
= Net Operating Income

—
Thank you for watching this video and make sure you subscribe so you get notified when I drop new content.
If you like what I am doing and getting results I only ask you pay it forward and share your SUCCESS with your friends.
And if you take time to Your comment below I assure you I will read them and try to respond.
—
► Subscribe to My Channel:
—
►Where to follow and listen to Uncle G:
Instagram:
Facebook:
SnapChat: .
Twitter:
Website:
Products:
LinkedIn:
iTunes:

Grant Cardone own four private companies with annual sales of $100,000,000. As CEO and founder of Cardone Enterprises, Cardone Training Technologies, Cardone Group, Grant Cardone TV and Cardone Real Acquisitions with RE holdings of over $500 million. Grant is an international public speaker keynotes events on Sales, Motivation, Leadership, Culture, Finance and Investing. Also a New York Times Bestselling Author of seven business books and thirteen business programs.

Grant Cardone is the host of five weekly shows; The Cardone Zone focuses on Career, Business, Economics and Finance, Power Players an interview show collaborating with other highly successful real life CEO’s, The G&E Show The Business of Marriage with his wife Elena Cardone, Young Hustlers a Sales and Marketing Show for young millennials, and Real Estate Investing Made Simple on ow to invest in real estate.