Real Estate for Noobs: NOI, Cap Rate, & Valuation

In this episode of Real Estate for Noobs, Derek explains the relationships between Net Operating Income (NOI), Cap Rate, and Valuation using a simple and clear analogy that we WISHED we had back in school. We also break down the components of a real estate Profit & Loss Statement (P&L), like typical revenue streams and Operating Expenses (OPEX) that ultimately lead to the NOI. No accounting background needed!