EPS 265 - JP CONKLIN: When are interest rates coming down?
/If you are an apartment investor…you need to know what all your costs are going to be in the future. How much for insurance? How much for property taxes next year? How much is my debt service going to be for next year? Am I going to have a NET OPERTATING INCOME or a NET OPERATING LOSS? JP Conklin gives us an idea on where interest rates are headed. Typically, your mortgage is the largest line-item expense on your operating statement… It would be good to know if you have an adjustable rate or if you are going to refinance in the future…on where interest rates are headed. JP gives you some insight.
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