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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 […]
Derek explains YD Development’s approach to staying ethically grounded in an industry that’s prone to unethical behavior. The approach is simple: PUT PEOPLE FIRST! And we break it down to 5 categories that we have to consider when we design buildings for people: Ergonomics, Aesthetics, Efficiency, Community, and Financials.
In our first episode of Real Estate for Noobs, a series where we explain complex real estate topics in super easy to understand terms, Derek uses an analogy to explain the role of the real estate developer.