NOI measures profitability after subtracting operating expenses from income. Calculated annually to account for seasonal expenses. Formula: Gross operating income minus operating expenses. Excludes income tax, debt interest, capital spending, and depreciation
Real estate investing involves buying, managing, and selling properties for profit. Real estate became global asset class during 1980s. China invests 70% of household wealth in real estate
Expert Property serves as the general business partner with 25 years of experience. Company operates in Antalya, Turkey, with offices in Kepez District. Service fee is 10% of monthly rent
NOI measures profitability of income-generating rental properties before financing costs. Formula: (Rental Income + Ancillary Income) - Direct Operating Expenses. Excludes depreciation, interest, taxes, SG&A, tenant improvements, and Capex
Income can be received in money, property, or services. Taxable income must be reported and subject to tax. Nontaxable income may be shown but isn't taxable
Opco stands for operating company in opco/propco REIT structure. Property company owns real estate while opco manages operations. Opco keeps debt and credit ratings separate from property company. REIT structure avoids double taxation on income distributions