@Immanue SiberoCap Rate is only an information rate basically using the original sale price divide by the expected NOI, So is only a measure of Expected Return.

Some of these older gents lived through periods were interest rates were high and money was tough to get..Rules of thumb are always great to know, they give you a loose yardstick to measure by, just make sure that the rules of thumb are product specific, as always value add is much different then a stabilized deal, even if both are the same "type" of property.  

Use this straight line to calculate three measurements: right side to ceiling ( should be 0"), middle to ceiling and left side to ceiling.

As an RE investor - there is no bigger measure of success than to be able to live the life of freedom and on your own terms.  

While there's certainly always luck involved in any project, there are also a hundred other things that aren't luck that you measure, analyze and correct for in future projects.  

And 36 Other Key Financial Measures, Updated Edition by Frank Gallinelli.

Given that it’s one of the primary measures used to value an income stream, that’s no surprise. 

@Sean Grieve  Great topic that doesn't get enough attention on BP, though your title confused me for a sec.I use the unscientific measure of six months expense plus the two largest items that could fail unexpectedly (ie water heater, HVAC compressor...) for repairs and the schedule of life expectancy table that is in the BP books for CapEx of the major items and figure out the remaining life and how much I need to save per month.

This ordinance is the last hurdle I have to get past in order to be approved to build.If we have to measure the 40 feet from the edge of the addition to the historical part of the building then there is no project. 

Hi, Has anyone out there used a water auxiliary meter to create a separate measuring system for a duplex?