If not, then you really aren't comparing apples to apples.

Hey @Aaron Nordgren - Apple made us remove the link to the podcast from our app.  

My questions are whether or not that's a good idea, whether I should count that interest only payment as a business expense when comparing properties or should I exclude that when comparing, so that I have an apples to apples comparison and a true cap rate in the traditional sense?  

It sounds like you are familiar with Drive, and whether you run Android or iOS, you have all the tools you need between Drive and Calendar.

IO loans usually carry higher rates than an amortized loan so there may not be much difference.

To throw out ideas like the present value of money in relation to a sale price, is apples and oranges.

And, some assessors use past sales amounts and adjust for inflation, so if the property has not been held very long by the current owner, the current assessment might be close to the market value again.It's better to think of the two like apples and oranges, because usually that's how close they are...both fruits from a tree but with much different tastes.The question asked by the Realtor above in OP, may be born out of the lack of knowledge of that Realtor.

Fb, Google, Apple are moving into North Sunnyvale in 3 years.

Swaped for a Pathfinder, I/O boat, GC construction rehab work, rental property.

Joshua any relationship with Apple ?