Leasing & Operations Base Year The reference year for measuring future operating expense increases in a lease.
Leasing & Operations Cancellation Option A tenant’s right to terminate the lease early, usually with notice and a fee.
Leasing & Operations Common Area Maintenance (CAM) Charges paid by tenants for upkeep of shared areas in commercial properties.
Investment Strategies Forced Appreciation Increasing a property’s value through improvements or operational gains, not market growth.
Investment Strategies Geographic Diversification Spreading investments across different markets to reduce concentration risk.
Investment Strategies House Hacking Living in part of a multi-unit property while renting out the rest to offset costs.
Investment Strategies Lazy 1031 Offsetting capital gains with cost-segregation losses on a new property instead of doing a formal 1031.
Investment Strategies Lease Option A lease that gives the tenant the right to purchase the property at a set price during the lease.
Investment Strategies Live-In Flip Living in a renovating property as a primary residence to qualify for the Section 121 exclusion on sale.
Investment Strategies Mid-Term Furnished Rental 30-90 day furnished rentals targeting traveling professionals and insurance placements.
Investment Strategies Mid-Term Rental (MTR) Rentals of 30+ days, popular with traveling professionals and relocating families.