Price of assembly Different options for building a log house should be considered to determine the price of assembly. Other expenses – engineering, transportation, surveillance of the log home construction site etc. Preparing a budget based on these initial price offers. ...
The design occupant load serves the primary purpose of determining the maximum number of people that can be in a room at one time and be able to escape safely in case of a fire. It's also used to determine the number of plumbing fixtures, fire sprinklers and fire alarms you need, accor...
Since room rates can vary depending on where the hotel is located, the time of year, or the type of hotel, ADR can help determine the average amount of income that’s being generated by occupied rooms. While occupancy indicates how many rooms are actually sold; ADR indicates the price at...
The singles tax refers to the added costs people commonly bear when they're navigating life solo. If you've ever tried tobook a cruiseas a single traveler, for example, you may have noticed that your cost was more than 50% of a room with double occupancy. That's the singl...
3. Determine what to upgrade — and what not to Before you spend money on costly upgrades, be sure the changes you make will have a high return on investment. It doesn’t make sense to install new granite countertops, for example, if you only stand to break even on them, or even los...
The price to rent ratio is one of the most important metrics for real estate investors to consider before investing in any place. Investors and real estate professionals use this metric to determine whether it’s more practical to buy or rent in a particular location. A low price to rent ra...
We have always bought locations. Building is a bigger risk. You can either run an independent gas station or a branded gas station, and the branded ones make it easier to get customers. … When we buy our locations, we look to double the revenue. ...
FAR calculation formula is based on the ratio of a building’s total constructed floor area and the land area. The FAR value is determined by local municipal corporations, to ensure the best possible living conditions for residents in that area, keeping in mind the density of the population, ...
your criteria, make sure your wholesale real estate transaction will make financial sense. First, find out the property’s fair market value. Looking at comparable properties sold in the area, occupancy rates, and cash-on-cash returns can help. Then, determine what any required repairs will ...
Sticking with an 8% capitalization rate, the mathematical question becomes: $60,000 equals 8% of how much? In mathematical terms, “how much” is X. So, using your eighth-grade algebra (with modern help in the form of a calculator) to determine the value of X, start by multiplying $...