Turnkey real estate is a property that is ready to be rented out immediately upon purchase.
Gross Profit means the total amount of money received before expenses. Net Profit means the total amount of money received after expenses.
Example:
$12,000 Rent Received Annually (this is the Gross before you remove expenses)
$6,000 Annual Expenses (including debt service)
$6,000 Annual Net Profit after all expenses are taken out
A cap rate is the rate of return an investment is expected to generate based on the income received. A higher cap rate is a higher ROI and sometimes that also sometimes means more risk, a lower cap rate is a lower ROI that also sometimes means less risk. To calculate this number, divide the net operating income (NOI) by the purchase price.
Example:
NOI = $6,000 (Net Profit after all expenses are deducted)
Purchase Price = $100,000
Cap Rate = $6,000 / $100,000 = 6%
Our family of companies has over $10 Million dollars in private lending capital available and being placed into deals at any given time. Many of our investors who participate as a private lender are doing so to diversify between their other real estate investments such as turnkey or syndications. If you’d like to join our team as a private lender, give us a call at (937) 557-8123 to discuss what available investments are in our pipeline and to answer any questions you have. You can also watch our private lending expert panel video here: https://youtu.be/6OrAq1fJ1Qw
Private Money Lending is when a private individual desires to deploy their capital as a loan on another asset, typically for another investor who buys investment property to flip or hold. The funding is secured by real estate just like a bank loan and the “note” dictates the interest rate and length of time the note will last before it needs to be paid back, which is referred to as a balloon payment when the note is due. The benefit of private lending is attractive interest rates secured by real estate with options for short or long term loans. Many investors get involved in private money loans to diversify their investing portfolio.
A 1031 exchange is when you can defer your capital gains taxes by selling and acquiring a “like kind” investment property within a certain period of time.