The purpose of this thread is to post words, acronyms, ect. that you might be familiar with but others might not. Maybe you don't understand a word and you don't want to hi-jack another thread. Post them here! Words can be from any industry but should be related to business. (Real Estate, E-Commerce,...) This is a great way to build your financial literacy and vocabulary!
I'll start it off.
NDA- Non-Disclosure Agreement
ROI- Return on Investment
SFR- Single Family Residence
USPTO- United States Patent & Trademark Office
There are definitely more words and abbreviations that can be learned sooo Post Em Up!
I'll start it off.
NDA- Non-Disclosure Agreement
ROI- Return on Investment
SFR- Single Family Residence
USPTO- United States Patent & Trademark Office
A lot of the experienced real estate investors on this forum are using abbreviations that a new and inexperienced person probably will not understand, so I thought I would post a list to make it easy for everyone.
[SIZE=-1]ARV - After-Repaired Value[/SIZE]
[SIZE=-1]CMA - Comparative Market Analysis[/SIZE]
[SIZE=-1]COCR - Cash on Cash Return[/SIZE]
[SIZE=-1]COF - Cost of Funds[/SIZE]
[SIZE=-1]CRE - Creative Real Estate[/SIZE]
[SIZE=-1]DCR - Debt Coverage Ratio[/SIZE]
[SIZE=-1]FHA - Federal Housing Administration[/SIZE]
[SIZE=-1]FMR - Fair Market Rent[/SIZE]
[SIZE=-1]FMV - Fair Market Value[/SIZE]
[SIZE=-1]FSBO - For Sale by Owner[/SIZE]
[SIZE=-1]GRM - Gross Rent Multiplier[/SIZE]
[SIZE=-1]HML - Hard Money Lender[/SIZE]
[SIZE=-1]HOA - Homeowners Association[/SIZE]
[SIZE=-1]HUD - Housing and Urban Development[/SIZE]
[SIZE=-1]IRR - Internal Rate of Return[/SIZE]
[SIZE=-1]L/O - Lease Option[/SIZE]
[SIZE=-1]LLC - Limited Liability Company[/SIZE]
[SIZE=-1]LLP - Limited Liability Partnership[/SIZE]
[SIZE=-1]LTV - Loan to Value[/SIZE]
[SIZE=-1]MAO - Maximum Allowable Offer[/SIZE]
[SIZE=-1]MLS - Multiple Listing Service[/SIZE]
[SIZE=-1]NNN - Triple Net Lease[/SIZE]
[SIZE=-1]NOI - Net Operating Income[/SIZE]
[SIZE=-1]NOO - Non-Owner Occupied[/SIZE]
[SIZE=-1]OO - Owner Occupied[/SIZE]
[SIZE=-1]O/F - Owner Finance[/SIZE]
[SIZE=-1]P&S - Purchase and Sale[/SIZE]
[SIZE=-1]PCF - Price to Cash Flow (ratio) [/SIZE]
[SIZE=-1]PITI - Principal, Interest, Taxes and Insurance[/SIZE]
[SIZE=-1]PUD - Planned Unit Development[/SIZE]
[SIZE=-1]REI - Real Estate Investing[/SIZE]
[SIZE=-1]REIA - Real Estate Investors Association[/SIZE]
[SIZE=-1]REO - Real Estate Owned[/SIZE]
[SIZE=-1]ROI - Return On Investment[/SIZE]
[SIZE=-1]RTO - Rent to Own[/SIZE]
[SIZE=-1]SFH - Single Family House[/SIZE]
[SIZE=-1]SFR - Single Family Residence[/SIZE]
[SIZE=-1]VA - Department of Veterans Affairs / Veterans Administration [/SIZE]
There are definitely more words and abbreviations that can be learned sooo Post Em Up!
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