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Lingo?

bnitsuj profile photo
  • Sunday, July 25, 2004 @ 03:17 AM EDT
  • 5 Comments
Can someone please explain these terms to me. I'm just starting my search for some apartments and am way behind. I am also considering building my own complex, good idea? 1. GOI...? 2. OPEX...? 3. NOI...? 4. Debt Service...? Thanks for the help!
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  • scott0049
    scott004923rd July, 2004
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    Here's my stab at it:

    GOI=gross operating income (all rents, vending, etc.)
    OPEX=operating expenses (maintenance)
    NOI=net operating income (GOI-OPEX)
    Debt service=your mortgage payments

    I think thats right. Maybe NOI could be more detailed though.

    Scott

  • kenmax
    kenmax23rd July, 2004
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    go to the bottom of the tci page "click" on encylopedia the "click" on abbreviations..........kenmax

  • bnitsuj
    bnitsuj23rd July, 2004
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    Thanks guys!

    This is quite an informative site.

    Any idea's on...building a multiplex being a good idea to create cash flow?

  • kenmax
    kenmax24th July, 2004
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    if you have to ask................. not trying to be a smart "A". it sounds as though you haven't studied your subject enough. go to "forums" you will find info. that you need your question is to general. indicating lack of info. good luck......kenmax and in answer to you question {generaly} yes.

  • Stockpro99
    Stockpro9924th July, 2004
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    Kenmax was correct, generally it is better to learn how to swim before jumping into deep water...smile
    [addsig]

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