Calculating Operating Expense Ratio (OER)

What percentage of the gross rental income should a property owner expect to allocate toward expenses each year? The answer to this question is important, and allows you to quickly forecast whether or not a property will produce positive cash flow. But first, some definitions: Operating Expense Ratio is defined as the ratio between total… Read more »

Home Finders joins BBB University of Tulsa Home Team

We are proud to announce our sponsorship of the University of Tulsa BBB Home team, a group of local, BBB-accredited businesses that support the Tulsa BBB and TU Football. In the coming months, the companies will offer useful video tips to the public. Home Finders is proud to be a BBB-accredited business since 2006. Businesses must uphold the BBB Code… Read more »

Are You an Investor or a Speculator?

“Using Other People’s Money to Get Rich…” “Other People’s Money – The Ultimate Leverage…” “Flip and Grow Rich” There are hundreds of books like these available on real estate “investing”. Sounds simple, doesn’t it? Borrow lots of money and buy as many properties as you can and you will become rich! Maybe you have heard… Read more »

Measuring the Performance of an Investment Property

If you have struggled to determine whether or not your rental property is a good investment, or to compare your real estate investment with other asset classes, you are not alone. In this blog post, we will go over some commonly-used performance measures and how to calculate them. We will define terms so that you… Read more »

How to Set Rent for an Investment Property

Has your investment property been listed for too long with no interest from prospective tenants? Or perhaps you have the opposite problem – when you market your vacant property you immediately receive dozens of phone calls and the prospective tenants are almost falling over themselves to view the property and sign a lease. These are… Read more »