Education for better real estate decisions.

Capitalization rate (cap rate) is a property's net operating income (NOI) divided by its price or value. It describes the unleveraged yield of a property in a single year.

A cap rate does not account for financing, future rent changes, capital improvements or the condition of the property. Two buildings with the same cap rate can carry very different risks.

Use cap rate as a starting point for comparison, then look closely at the quality and reliability of the income behind it.

There is no universal answer to whether renting or buying is better. Time horizon, savings, job stability and lifestyle all matter.

Compare the full monthly cost of ownership — mortgage, taxes, insurance, maintenance — with rent, and consider how long you plan to stay.

A conversation with a lender and a clear look at comparable homes can turn a vague question into a confident decision.

Both programs can help qualifying businesses purchase owner-occupied commercial property, but they are structured differently.

SBA 504 typically pairs a bank loan with a Certified Development Company loan and is focused on fixed assets. SBA 7(a) is more flexible in how funds can be used.

Eligibility, terms and requirements depend on the lender and the borrower. Speak with a qualified SBA lender to understand your options.