Cap Rate: A Building's Price Tag Against Its SalaryA building's price tag is never set by what it earns today — it's set by how much the market trusts what it will earn tomorrow.
Cycles: Real Estate's Four Seasons — Except the Seasons Are Never the Same LengthWhen spring arrives, everyone knows summer is coming.
Depreciation: A Building That Only Ages on PaperSome actors play the same age on screen no matter how many years pass.
DSCR: The Building's Credit-Card Payoff ScoreIf you've ever sat across a desk from a loan officer, you know the first question isn't your salary.