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What is Cap Rate?

What is Cap Rate?

Ask ten investors “What is Cap Rate”, and you’re likely to get ten different answers! I’ll provide the definition I use, as it relates to rental properties. Capitalization or Cap rate as it is often called is simply the net income (rent after subtracting all expenses) divided by the value of the asset and expressed [...]

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Norm Spivey
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Property Managers

Property Managers

It’s hard to put a price tag on personal time and happiness. With 17 rental units at 10 different properties in two states, my spouse and I are about at the threshold we can manage while juggling a career and getting two teenage sons through high school and into college. We self-manage 11 of the [...]

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Norm Spivey
  • 710

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