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assumed revenue increase
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assumed revenue increase
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JordanRich
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19 Nov 2008 6:42 PM
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assumed revenue increase
Hi there, under the assumption section in the analyzer is the assumed revenue increase the same as saying the assumed rental increase? Just trying to figure out what drives the cash flow in the program. I know it's income minus all expenses but i'm a little confused. Thanks.
Jordan Rich
President
GoldRich Living
P. 416.523.6160
F. 905.597.7622
jrich@rogers.com
GarthChapman
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19 Nov 2008 6:50 PM
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Good question Jordan. Yes, rental revenue. So the percentage increase you input will apply to all income you entered in the property.
Garth
Diamond REIN member
3 top-10 awards. 2 Michael Millenaar Leadership Award
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Residential, Multi-family, Commercial
Garth's page at Jencor Mortgage
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garth@jencormortgage.com
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Real Estate Management & Analysis Software
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garth@remacanada.ca
GarthChapman
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20 Nov 2008 5:23 PM
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Jordan, to clarify my answer above - what drives the assumptions in a property are the settings you make in the My Preferences tab found on the home screen of REMA. Go to that Tab and adjust as necessary all your settings in REMA. We set the program up with default settings that may or may not be appropriate for you and your market and your objectives.
One of those is the setting for Assumed Revenue increases, relating to your question posted here.
Hoping that defines it more clearly for you.
Garth
Diamond REIN member
3 top-10 awards. 2 Michael Millenaar Leadership Award
s
Mortgage Advisor
Residential, Multi-family, Commercial
Garth's page at Jencor Mortgage
email
garth@jencormortgage.com
REMA co-creator
Real Estate Management & Analysis Software
email
garth@remacanada.ca
JordanRich
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20 Nov 2008 5:28 PM
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assumed revenue increase
QUOTE (GarthChapman @ Nov 20 2008, 12:23 PM)
Jordan, to clarify my answer above - what drives the assumptions in a property are the settings you make in the My Preferences tab found on the home screen of REMA. Go to that Tab and adjust as necessary all your settings in REMA. We set the program up with default settings that may or may not be appropriate for you and your market and your objectives.
One of those is the setting for Assumed Revenue increases, relating to your question posted here.
Hoping that defines it more clearly for you.
thanks.
Jordan Rich
President
GoldRich Living
P. 416.523.6160
F. 905.597.7622
jrich@rogers.com
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