Net operating income equals gross rent minus physical vacancy minus economic vacancy divided by operating expenses.

Properties were in fairly rough shape, vacancy around 70% physical occupancy and closer to 60% economical occupancy, with rents 20%-25% below the market, and an overall poor class of tenants.

I need to stay active mentally and physically I need the challenge.

Ideally close to home where you are already very familiar and where you can physically be involved with the project/property.

The physical transformation and I’m not sure we are in to larger buildings etc… but maybe? 

This project is at an exciting scale that incorporates team building, project management, syndication, and community development.

I wake up at 5, then will do something physical such as run or work out.

Although he made more money, the physical workload was a more as well.

Right now I am already incorporating a maintenance worker to hop around to all my properties for when they need to be fixed.

All day I think about it as I work as a physical therapist .