REAL ESTATE INVESTING TERMS FOR BEGINNERS

REAL ESTATE INVESTING TERMS FOR BEGINNERS

ROI - return on investment
Cash flow - Income minus expenses minus debt service
Equity - what your house is worth minus what you owe. If you owe $60,000 and your house is worth $100,000, you have $40,000 in equity
PITI - Principal, interest, taxes, insurance
House hacking - live in the house and rent out another part of the house
Flip - buy a fixer and rehab it, this can be short term or long term, like a live in flip
Buy and hold - buy a house and hold it for a long time
BRRR - Buy, rehab, rent, refinance, repeat

Brittany Hannon Real Estate | KW West Ventura County
Realtor Specializing in Oxnard Beach Homes
www.BrittanyHannonRealEstate.com
BrittanyHannonRealEstate@gmail.com
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DRE 02102614

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DISCLAIMER: This video is intended to provide educational/entertainment value. All information should be assessed by a professional and should not be considered legal advice.

Видео REAL ESTATE INVESTING TERMS FOR BEGINNERS канала Real Estate Made Easy with Brittany