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Updated over 2 years ago on . Most recent reply

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3
Posts
1
Votes
David Acree
1
Votes |
3
Posts

Rent + p.a. I don't understand

David Acree
Posted

I saw this and I don't understand what it means.  This property is near Sacramento, CA.

Thank you for not laughing at the noobie.....



Potential rent is $50K+ p.a

David.

Most Popular Reply

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196
Posts
253
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Joel Allen
  • Rental Property Investor
  • San Antonio, TX (Lender in TX and SC)
253
Votes |
196
Posts
Joel Allen
  • Rental Property Investor
  • San Antonio, TX (Lender in TX and SC)
Replied

@David Acree

This isn’t a term I’ve seen often, but based on the context it appears to be “per annum”, which is Latin for ‘per year’.

So, the listing is telling you the potential rent amount is $50K or more each year.

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