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A Real Estate Investor Must Know!!!

What is it you ask? It is IRR or Internal Rate of Return. According to Wikipedia.org, IRR is a rate of return used in capital budgeting to measure and compare the profitability of investmentsClick Here to read an article about IRR in simpler terms. Or you have go to Wikipedia and read what it says there but it has a lot of formulas. What great about some software for evaluating deals it has IRR already formulated into it. So when looking at software to evaluate your deals look for software that has IRR. Will make some of your deals easier to know which one makes more sense.

 

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