You may have an understanding that real estate is a solid investment choice. You may even be at the point where you have started looking! But once you find an investment property, how do you know if the property will be a good investment for you?
If you don’t evaluate your potential investment returns, you could find yourself with a property that doesn’t do anything for you. One of the quick ways to assess an investment property is to calculate the cap rate.
Joe DiSanto is the founder of Play Louder! He has built multi-million dollar businesses, produced critically acclaimed documentaries and an Emmy-winning TV show, invested millions in real estate, and semi-retired at age 43. Now, Joe serves as a Fractional CFO for several creative firms and is sharing a lifetime of fiscal know-how via Play Louder, an invaluable resource that helps individuals and business owners increase their net worth and plan better for their future.