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Shaping the midwest
Did you know that on average most people’s 401(k) plans took a 23% hit in 2022? I knew they were down, but ouch. And some of you wonder why I started investing in real estate…
NOI stands for net operating income or profitability of an investment. It is calculated by taking a property’s revenues and subtracting expenses.
Ritvest believes that the operator matters as much – if not more – than the property, the market and underwriting. The operator drives NOI which helps to ensure a return on your investment.
Why Operators Matter
When going skiing, don’t forget to bring your boot bag to the mountain.
The Oscars are this weekend and while the days of big Oscar-watch parties are no more, they still hold my attention. I always enjoy this anonymous feature from the Hollywood Reporter:
Brutally Honest Ballot
Are you #TeamAriana?
QUOTE OF THE MONTH:
Nothing can take the sting off the world’s economic problems like watching millionaires present each other golden statues. ― Billy Crystal
Why I do this: For the past two decades, I’ve lived at the crosshairs of entrepreneurship, M&A deals, business plans and startups. I often say I’m the happiest guy in every deal, because I know that when experts come together, the results can be exceptional. This experience led me to create Ritvest, a family-run investment group with a focus on people and communities built to endure and thrive over time. Thank you for allowing me to share a little part of myself and the products, people and places I believe in with you here every month. Let’s build something great together.
Disclaimer: Ritvest on the 10s is the product of Eric Ritvo and Ritvest. It is not investing advice. Heck, it is not any advice. It is stuff I put together and then lives on my website. This is barely marketing. Ritvest was founded with an abundance mentality, the ability to pick and choose and working with people we like. This is not an advertisement for anything other than connecting with me.
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