CAP RATE Net Operating Income / Total Price of Property. Example: NOI: $25,000 Total Price (Purchase + Rehab): $300,000 $25,000 / $300,000 = 0.083 or an 8.3 Cap Rate   This calculation is mostly used for valuing apartment complexes and larger commercial buildings. It can be used for … [Read more...]

You may have heard that this process is arduous and complex, but it is not to be feared. The secret to having a pleasant experience and a smooth transaction is to organize your finances. Preparation should begin long before you apply for your mortgage loan. There are three points you should focus on … [Read more...]

Thermostats that are ‘smart’ or connected, have a lot of advantages over traditional thermostats. Their ability to learn and the user’s ability to control them more precisely can really help you use less energy and save more money. What are the benefits of smart thermostats? Users can realize … [Read more...]

Smart security cameras provide the ability to keep an eye on things in and around your home. These motion-activated cameras can let you know when there is someone nearby. What are the benefits of smart security cameras? A survey made by Coldwell Banker Real Estate and CNET showed that 72% of the … [Read more...]

Smart lights pack a cool factor due to their millions of colors, but they are also powerful workhorses that can improve a user’s quality of life in the home or workplace. What are the benefits of smart lights? Smart lights are able to project millions of different colors (or temperatures) of light, … [Read more...]

Air quality sensors can measure potentially dangerous gases such as carbon monoxide and dioxide, airborne substances such as particulate matter and volatile organic compounds (VOCs), as well as temperature and humidity. Having a sense of what your indoor air quality is can help you take action and … [Read more...]