SOUTHERN NEVADA CHAPTER OF National Association of Rental Property Managers® OPPOSE SB218 SB218 will only hurt Nevada families: – Landlords will be forced to charge higher rents (when have landlord’s cost gone up & rent not?) – More lawsuits between tenants and landlords (who loves going to court?) – Overall less housing as more property owners’…
This is important, please take a moment & let your voice be heard. In addition to returning the post card mailed to you by Clark County, you can email your opinion to: Zoningmeeting@clarkcountynv.gov Please include the following in your reply: The Application number is: NZC-20-0545 & Owner of the parcel is: ME 52 Partners, LLC,…
Without a doubt, investing in real estate is best done with a firm grasp of the financials involved. Financial calculations can appear daunting to say the least. With a quick look at the HP-12C financial calculator shown above you’ll quickly begin to wonder what the heck all those buttons do. While I don’t use all of them, using a similar calculator to quickly and accurately assess your costs and returns involved in real estate can help you immensely when evaluating investment opportunities. Is it better to invest in a vehicle that returns 16% annually but compounds only every three years, or an investment that returns 12% but can be compounded every two?
I recently did calculations for this example above & found, though compounding interest periods are a vital component of assessing how your money will grow or shrink overtime, the 16% return that compounds every three years is indeed a better investment for my 18 year horizon. In order to do this I had to use both my HP-12C and an excel spread sheet. Excel has many of the calculations the 12C does built right into it, but I’ve been really enjoying using the HP after reading a book that is basically half education on how money works, and half instruction manual to the HP-12c. This book relies heavily on the use of this exact calculator to illustrate it’s figures & if you’re looking for a solution you can carry around in your pocket without needing to lug your laptop around, I’d highly recommend reading it. The title is “Taking The Mystery Out Of Money” by Lonnie Scruggs, a now deceased investor who focused on flipping mobile homes. You don’t need to be interested in mobile home investment to benefit from his knowledge about how money works, and the material is so beneficial I’m left wondering why this book isn’t required reading somewhere along the education cycle of a high school senior.
The second book is definitely more real estate focused in-depth, but uses Microsoft Excel …
Hopefully, you’re someone who owns not only their own home, but also another asset that generates cash flow. If you are a real estate investor, you’ll realize many benefits when done correctly. The four pillars of real estate as an investment vehicle are: Cash flow: Simply put, if you can rent the home or apartment…
