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How to Calculate Gross Rent Multiplier

Trying to figure out which rental property is the better investment can be pretty tricky, especially if you are new to real estate. Fortunately, you may use a few crucial financial measures to determine which income-producing property is superior to …

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Blind Offer in Real Estate Definition

If you watch HGTV, notably the show Flip or Flop, you have likely heard the term “sight unseen” when they are putting in an offer on a house to flip. “Sight unseen” is interchangeable with the term blind offer, which …

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Blind Ads in Real Estate

With the evolution of advertising today, from classified craigslist advertisements and website banner ads to social media posts and photographic displays, it is more crucial than ever that real estate agents and brokers follow their state’s advertising standards. A blind …

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Pur Autre Vie Definition

Enacting a life estate will ensure your property is taken care of in the event of your passing. In this article, we will learn about how the French phrase pur autre vie applies to life estates and help you cement …

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Income Approach in Real Estate Definition

The income approach is one of three methods used by real estate appraisers to determine the value of a property. The income approach is more sophisticated than the other two techniques, and as a result, many real estate novices find …

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Cost Approach in Real Estate

When working in real estate, especially as an agent, it’s critical to understand how real estate valuation works. Keeping that in mind, we’ve broken down the cost approach, one of the three most prevalent ways of valuation. You can learn …

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