Page 43 - IreitEbook

SOME IMPORTANT TERMS
The calculations these filings contain
TO TAKE WITH YOU
aren’t always in accordance with GAAP
There’s a whole entire report’s worth
standards. But they can be exceptionally
of lingo to know when it comes to
helpful in understanding what a REIT has
analyzing a REIT. In fact, it takes up an
been through and what it might be in for
entire chapter of iREIT founder Brad
still, whether good or bad.
Thomas’ book, The Intelligent REIT

Investor.
If a company does file a Form 8-K, it should

be listed on its corporate website.
Net Operating Income, commonly
SOME IMPORTANT TERMS TO TAKE WITH
shortened to NOI, is very much like
YOU
gross profit margin. It’s found by

adding rental revenue from properties

with any tenant reimbursement

revenue, minus any and all property

operating expenses (which includes

third-party fees, taxes, and insurance).

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