Tag: investing in real estate

Condo Costa Marina II, Carolina PR, 00983 For Sale

Jocelyn Ucedo

3 Bedroom 2 Bath Condo For Sale Asking $425,000 This beautiful 3-bedroom, 2-bathroom condo offers stunning views of El Yunque, providing a unique experience of tranquility and natural beauty. Located in an excellent area, this condo offers comfort and security, along with the privilege of living surrounded by nature and all modern amenities. Enjoy the pool to soak up the sun, recreational areas for the whole family, and much more. Don’t miss the opportunity to live in this tropical paradise! Showings by appointment to qualified buyers only. As we are…

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Real Estate Math – Do You Know These Simple Formulas?

boricua01
Real Estate Math

The Real Estate Math You Don’t Need The gross rent multiplier is one formula you don’t need. I bring it up because people are sometimes still using it, and there are better ways to estimate value. A gross rent multiplier is a crude way to put a value on a property. You decide that properties are worth 10 times annual rent or less, for example, and simply multiply the gross annual rent a building collects by ten to get your value. There are obvious problems with this formula. You need…

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