Every field has its own set of jargon and real estate is no different! If you're tinkering around with the idea of getting into real estate, there are terms you need to learn to help you get up to speed. In today's episode, I'll be sharing with you 11 terms you must understand to be a successful investor in real estate.
00:44 What to expect in today's video
01:35 Purchase Price
02:17 Downpayment
03:08 Loan Balance
04:15 Equity
05:17 Mortgage
07:07 Rent Rate
07:28 Cash Flow
08:06 Sales Price
08:25 Realtor's Commission
09:40 Concessions
10:41 Bonus term you should know!
Watch and Enjoy!
Kris Krohn
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Video Produced by:
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EARNINGS DISCLOSURE
Kris Krohn is not in the business of providing personal, financial or investment advice and specifically disclaims any liability, loss or risk, which is incurred as a consequence, either directly or indirectly, by the use of any of the information contained in this document. Also, Kris Krohn, this document, and any online tools, if any, do NOT provide ANY legal, accounting, securities, investment, tax or other professional services advice and are not intended to be a substitute for meeting with professional advisors. If legal advice or other expert assistance is required, the services of competent, licensed and certified professionals should be sought. In addition, Kris Krohn does not endorse ANY specific investments, investment strategies, advisors, or financial service firms.
The above summary disclosure is provided as an overview, and is not intended to be comprehensive. Additional details are reflected below. See full disclosures here:
NO INVESTMENT, FINANCIAL, LEGAL OR TAX ADVICE
The contents of this video are for informational and educational purposes only. They should not be considered investment, financial, legal or tax advice. Kris Krohn is not licensed in the insurance or securities industries and is not in the business of selling, soliciting or negotiating the sale of any insurance contract, security or other investment vehicle.
DISCLOSURE OF FINANCIAL RELATIONSHIP
Mr. Krohn has a financial interest in EPIC Insurance Services, LLC (EPIC), a licensed insurance brokerage agency incorporated in New Jersey, and is compensated by EPIC. See full disclosures here:
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By: Kris Krohn
Title: Investing In Real Estate | 11 Terms You Must Understand To Be A Successful Investor
Sourced From: www.youtube.com/watch?v=k8KLaovwC5k
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