Lingo?
Can someone please explain these terms to me. I'm just starting my search for some apartments and am way behind. I am also considering building my own complex, good idea?
1. GOI...?
2. OPEX...?
3. NOI...?
4. Debt Service...?
Thanks for the help!
Here's my stab at it:
GOI=gross operating income (all rents, vending, etc.)
OPEX=operating expenses (maintenance)
NOI=net operating income (GOI-OPEX)
Debt service=your mortgage payments
I think thats right. Maybe NOI could be more detailed though.
Scott
go to the bottom of the tci page "click" on encylopedia the "click" on abbreviations..........kenmax
Thanks guys!
This is quite an informative site.
Any idea's on...building a multiplex being a good idea to create cash flow?
if you have to ask................. not trying to be a smart "A". it sounds as though you haven't studied your subject enough. go to "forums" you will find info. that you need your question is to general. indicating lack of info. good luck......kenmax and in answer to you question {generaly} yes.
Kenmax was correct, generally it is better to learn how to swim before jumping into deep water...
[addsig]