Today hosts Braden Cheek, Brain Duck and Joel Thompson discuss 8 major things you need to know when considering profit & loss in commercial real estate.
Time stamps: 0:00 - Introduction 1:52 - Our new Owasso co-working space is coming soon! 2:35 - Today’s topic: understanding profit & loss! 3:27 - Gross Income / Revenue 5:18 - Different types of expenses! 8:11 - Net Operating Income (NOI) 10:23 - CAP Rate & how it interacts with the NOI & purchase price. 11:55 - Debt Service 13:55 - Is there a difference between profit and cash flow? 15:37 - Amortization cash flow, & depreciation! 18:56 - Final recap!