It's like a magic number that helps investors figure out if a real estate deal is a good idea or not.Imagine you have some money, and you want to use it to buy a property.The IRR helps you predict how much money you'll make from that property over time.If the IRR is high, it's like a green light saying, "This investment could make you a lot of money!"

Anyone else have any predictions on development for the South Florida so we can make informed purchases? 

@isiThe thing is, most people don't have the education necessary to properly predict appreciation.

Who could have predicted COVID?

Short sale are at the mercy of the bank, so it is hard to predict when they will give approval but you typically have 30 days to close.

Waiting for the next "crash" could be years and seems impossible to predict when and if it will happen.  

They are pleased with the cost and convenience of her services.We are in a very strong market that is not predicted to slow anytime soon.

At some point, you'd figure things would even out but I don't have a magic crystal ball to predict when that will happen.The 1% rule has gone out the window years ago.

PREDICTABLE rental income - housing allowances (and pay for that matter) are public domain.

The combination of incomplete and unnormalized data, unpredictable human behaviors, and the necessity to make assumptions based on insufficient information makes accurate predictions challenging.