Hello, Rudy, Jake and Gino here. And today we have a very important question. Gino, you ready?

I was born ready, my friend. Hit me. Do you have the financial vocabulary to succeed in multi-family real estate?

Well, if you don't, good luck finding deals and good luck finding partners, my friend.

Hey, but you're in luck. You have Jake and Gino here to take care of you today.

Today, we are going to cover the seven key terms you need to

qualify yourself as an investing pro in multifamily real estate. Gdad, hit them. Wow, number one,

N-O-I. I don't know what the heck that stands for, right? When you first hear it's net operating income.

It's one of those important terms in multifamily real estate. You're looking at a T12. You're looking for that NOI, net operating income. You take the income of the property, the net income after vacancy, after all your other income, that net income number, you subtract all your operating

expenses, expenses needed to operate the property. That's your net operating income. You are looking

at that number and trying to increase that number when you're taking over a property.

It's all about the measurements. Yes, my friend. What's the next one?

Next one is cash on cash return. That's what it's all about for me. Look, this is why I got

to do investing. This is why I stay in investing cash on cash return. That is the money that you're

making on your dollars invested. As we like to say, here at Jake and Gino, if it don't cash flow,

let the grass grow. This number can be a little deceiving because if you use creative cash

and you don't put any cash in, your cash on cash is skyrocketed, right, baby? And what about if

you refine roll? Like we've done over 11 million bucks? Well, you haven't known where cash in a deal.

So your cash on cash is infinite, right, Jake? But that's what we call Nirvana, Gino.

You're looking at cash on cash.

Let's say you put 10 grand into a deal, right?

You have 10 grand coming out of the deal, that cash.

But you have $100,000 of cash invested in the deal.

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