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www.REIClub.com – Effective Gross Income (EGI) Is An Important Number in Commercial Real Estate. Here’s How To Calculate EGI For Your Real Estate Investment… Hi, this isFrank Chen with REIClub.com, the only site you need as a real estate investor. Today I’ve got quick video on how to calculate effective gross income (EGI) for commercial real estate investing. Effective Gross Income (EGI) The amount of income produced by a piece of property, plus misc income, less vacancy costs and collection issues. Investors use the EGI to determine how much they are willing to pay for the property based on how much they expect to make in earnings. Gross Potential Rent (GPR) The expected income a property will produce when fully occupied and all rents are collected. Example 10 unit apartment $800/month $8000/year x 12 months = $96000 Other Income/Revenues – laundry facilities – vending machines – car wash centers – additional storage – personal errand services – late fees from rent – parking permits – covered parking – etc… Example: $1000/mo in additional revenue $12000/year Total Potential Revenues (Gross Income) GPR + other income = $108000/year Vacancy The vacancy rate is the percentage of all the rental units that are vacant in relation to the total amount of units in the property. (Total Vacant Units) / (Total Units) = Vacancy Rate Average vacancy rates are around 5-10% Credits Money or percentage of income that is estimated to be lost due to non-payment of rents. Also includes …
Hey, check out these auctions: Cool, arent they?
Hey, check out these auctions: Cool, arent they?
Hey, check out these auctions: Cool, arent they?
Hey, check out these auctions: Cool, arent they?
Inland Empire Commercial Real Estate Property for Sale — in heart of Riverside, CA. Multi-family property with single family home in front. Motivated Seller. Offered by Michael Duhs of East West Commercial Real Estate in Orange County (949) 939-8352 or www.eastwestcommercial.com East West Commercial Real Estate is a specialist in the sale of apartments, sale and lease of commercial property and buildings, including commercial land, retail, shopping centers, industrial, office, commercial broker price opinions BPO / BOV. Offices throughout California, including Orange County, Los Angeles, San Diego, San Bernardino, Riverside, Sacramento, San Francisco, San Jose, Walnut Creek, and Oakland. Contact Information: East West Commercial Michael Duhs – Managing Director Michael.Duhs@EastWestCommercial.com Direct (949) 939-8352 30262 Crown Valley Parkway, Suite B518 Laguna Niguel, CA 92677
” Where have we been, Where are we, and where are we going.” Moderated by Pat Donahue, President of Donahue Schriber, five panelists from Office, Apartments, Retail, Industrial, and Capital Markets discuss the economic conditions of commercial real estate and the future outlook in their respective sectors. Panelists: Keith Eyrich, Chairman-Retail Properties, The Irvine Company Douglas O’Donnell, President/CEO the O’Donnell Group Scott Sanfilippo, Partner, Greenlaw Partners Geoffrey L. Stack, Principal, Sares Regis Group Allen Staff, Market President, Bank of America www.business.fullerton.edu
www.commercial-appraisers.com – Christopher A. Rolly, MAI, an MAI Certified Commercial Real Estate Appraiser in Central Florida discusses Why you should hire a MAI Certified Commercial Appraiser when undertaking Commercial Lending
Hey, check out these auctions: Cool, arent they?
We live in an era of intertwined economies and global capital flows. Loose monetary policy in the West has important ramifications for Asia. Join Patrick Lecomte (ESSEC Business School) and Noel Neo (APREA) as they present the new APREA research report – Asian Commercial Real Estate as an Inflation Hedge.