Search for "deriving YOUR capitalization rate."

From the above, you should then be able to derive the following: Total Operating Expenses Expense per Unit Net Operating Income (Loss) Net Operating lncome/(Cost) per Unit Interest & Misc Expense (ie mortgage) Capital Expenses Net Income (Loss) Net lncome/(Cost) per Unit Pay attention to utilities, it can grow into an alligator instead of a cash cow!

Bryan, a trust is a weird concept derived from English common law.

REITs, securities, notes, commodities, derivatives, futures contracts, etc. are all other investments that can be purchased at a discount to intrinsic value.

You should expect to receive a mandatory contract addendum from Wells Fargo that as th follwoing verbiage:[i]NOW, THEREFORE, in consideration of the mutual benefits to be derived from this Addendum and of the representations, warranties, conditions and promises hereinafter acknowledged, the Parties hereby agree as follows:1Property is being sold in an “as is†condition.2.

They are economic, comparables, and replacement value.With an underlying asset such as apartments you would give the most weight to the economic approach (cap rate derived value).

An estimate of land value for a house can be derived by subtracting the replacement value of the structure, adjusted for depreciation, from the home price.

:-) You make excellent points, and as a matter of fact - as you may have derived from my first reply on this thread here - you and I are pretty much on the same page when it comes to how we look at the bigger picture of a business and with respect to "relationships".

The problem, however, is that property management services are going to generate trade or business income, and the earnings that the 401k derives from that property management business would then likely be subject to UBIT taxation.

These values are all derived using different methodologies and they are not related to each other.