Patty Harris
LLC
30 November 2016 | 25 replies
@Steve Vaughan Sorry to pester you but can you elaborate on your abbreviations.
Mark K.
What do "expenses" actually entail on property listings?
4 March 2015 | 2 replies
Obviously, this is an abbreviated answer to your question, but perhaps the most important point is this: Due diligence is critical to successful real estate investing.
Landon Dolezal
Glossary
27 June 2014 | 6 replies
For all concerned.Acronyms*REI Abbreviations**AFD* - Agreement For Deed*AITD* - All Inclusive Trust Deed*APR* - Annual Percentage Rate*ARM* - Adjustable Rate Mortgage*ARV* - After-Repaired Value*ATR* - Ability to Repay - See CFPB*BOM* - Back On Market*BOR* - Board of Realtors*CAD* - County Appraisal District*Cap* - Capitalization*CCIM* - Certified Commercial Investment Member*CCR* - Conditions, Covenants, and Restrictions*CFD* - Contract for Deed*CFPB* - Consumer Finance Protection Bureau - See ATR*CLTV* - Combined Loan To Value*CMA* - Comparative Market Analysis*COCR* - Cash on Cash Return*COF* - Cost of Funds*COO* - Certificate of Occupancy*CRB* - Certified Residential Broker*CRE* - Creative Real Estate*CRS* - Certified Residential Specialist*DBA* - Doing Business As*DCR* - Debt Coverage Ratio*DOS* - Due On Sale Clause*DOT* - Deed of Trust*DSCR* - Debt Service Coverage Ratio*FCRA* - Fair Credit Reporting Act*FED* - Created the CFPB*FFE* - Furniture, Fixture, and Equipment*FHA* - Federal Housing Administration*FHLMC* - Federal Home Loan Mortgage Corporation, Freddie Mac*FMR* - Fair Market Rent*FMV* - Fair Market Value*FNMA* - Federal National Mortage Association, Fannie Mae*FRBO* - For Rent by Owner*FSBO* - For Sale by Owner*GMAC* - General Motors Acceptance Corporation*GRM* - Gross Rent Multiplier*HELOC* - Home Equity Line of Credit*HML* - Hard Money Lender*HOA* - Homeowners Association*HUD* - Housing and Urban Development*HVAC* - Heating, Ventilation and Air Conditioning*IRA* - Individual Retirement Account*IRC* - Internal Revenue Code*IRR* - Internal Rate of Return*IRS* - Internal Revenue Service*L/O* - Lease Option*L/P* - Lease Purchase*L/S* - Landlord Seller*LIBOR* - London Interbank Offering Rate*LLC* - Limited Liability Company*LOC* - Line of Credit*LOI* - Letter of Intent*LP* - Limited Partnership*LPOA* - Limited Power of Attorney*LTV* - Loan to Value*MAI* - Member Appraisal Institute*MAO* - Maximum Allowable Offer*MIP* - Mortgage Insurance Premium*MLS* - Multiple Listing Service*MUD* - Municipal Utility District*NAR* - National Association of Realtors*NIV* - No Income Verification*NNN* - Triple Net Lease*NOD* - Notice of Default*NOI* - Net Operating Income*NOO* - Non-Owner Occupant*O/F* - Owner Finance*OO* - Owner Occupant*P&S* - Purchase and Sale*PITI* - Principal Interest Taxes Insurance*PMI* - Private Mortgage Insurance*POA* - Power of Attorney*PUD* - Planned Unit Development*REI* - Real Estate Investing / Real Estate Investor*REIA* - Real Estate Investors Association*REIT* - Real Estate Investment Trust*REO* - Real Estate Owned*RMLO* - Registered Mortg Loan Orginator*ROI* - Return On Investment*RTO* - Rent to Own*SFH* - Single Family House*SFR* - Single Family Residence*Sub2* - Buying property subject to existing financing*T/B* - Tenant Buyer*TAA* - Texas Apartment Association*TAR* - Texas Association of Realtors*TIL* - Truth In Lending*TREC* - Texas Real Estate Commission*UBIT* - Unrelated Business Income Tax*UCC* - Uniform Commercial Code*VA* - Department of Veterans Affairs / Veterans AdministrationFORUM ABBREVIATIONS*AFAIK* - As Far As I Know*AFK* - Away From Keyboard*AKA* - Also Known As*BBIAM* - Be Back In a Minute*BFN* - Bye For Now*BRB* - Be Right Back*BTW* - By The Way*CUL* - See You Later*FYI* - For Your Information*G2G* - Got to Go*IMHO* - In My Humble Opinion*IMO* - In My Opinion*LMAO* - Laughing My *** Off*LOL* - Laughing Out Loud*NT* - No Text*ROFL* - Rolling on the Floor Laughing*ROTFLMAO* - Rolling on the Floor Laughing My *** Off*TIA* - Thanks In Advance
Charlie Galaviz
Need help choosing the right business name
7 February 2014 | 2 replies
Also, If I choose a traditional name, but abbreviate the domain url, will that have any negative consequences?
Alex SImon
Need help with financing for buying apartment complexes?
15 February 2015 | 10 replies
I'm new to this, I don't know all the acronyms and the abbreviations and stuff yet.
Mike McCarthy
New to Bigger Pockets from Chicago
4 January 2017 | 11 replies
Make sure to set up your alerts carefully and account for different spellings or abbreviations (for example, I have to have "turnkey" "turn-key" and "turn key").Glad to have another enthusiastic contributor on board!
Stephen Fydenkevez
Looking to Build Vacation Home Portfolio
5 August 2015 | 5 replies
I have no real estate background and know very little about the terms/abbreviations, so this post will probably be filled with ignorance - but any thoughts, comments or advice would be very much welcome.My wife and I currently have approximately 150k tied up in non-real estate investments, and we are looking to make the transition into real estate.
Eric Hulstrand
New to BP, at least in diving in
27 October 2015 | 17 replies
State abbreviations are usually used.
Pat Saperstein
Medium term rentals - Airbnb or FF? Landlord protections?
13 September 2022 | 6 replies
@Pat Saperstein when we did STR's, we used an abbreviated lease, guests cold sign electronically.If we were to do MTR's, we'd use our full lease.You could send an eviction notice that coincides with their MoveOut Date to minimize your exposure.
Justin Wren
In search of "my CPA"
20 April 2017 | 9 replies
As you know, a CPA is a designated abbreviation, after passing the state test.