Updated: Sep 1, 2019
Every increase or decrease of $100 dollars of NOI translates to a change of $1,428 in value (assuming a 7% cap rate). I'm starting a series to cover each of the following topics as ways to maximize property values. Some tasks or projects may not appear worth the time or energy but remembering the capitalized value difference will provide a more accurate return on your energy during decision making.
Part 3 - Renegotiate leases (coming soon)
Part 4 - Shop vendors (coming soon)
Part 5 - Professionalize reports (coming soon)
Part 6 - Pay taxes (coming soon)
Part 7 - Signing leases strategically (coming soon)
Part 8 - Know your returns (coming soon)
Stay tuned for part 3 to making more money.
Jake Ammon is a Vice President with Addison Commercial Real Estate in Jacksonville, FL. He specializes in commercial investment properties. Contact him at firstname.lastname@example.org or call Jake at 1-904-834-9809.