Terms Starting with L
113 terms
LLC (Limited Liability Company)
An LLC is a business structure that separates your personal assets from your investment properties, so a lawsuit or debt tied to one property can't reach your home, savings, or retirement accounts.
LLC Annual Compliance
LLC annual compliance refers to the ongoing legal, financial, and administrative requirements that LLC owners must fulfill each year to keep their entities in good standing—including annual reports, franchise taxes, registered agent maintenance, and record-keeping.
LTR (Long-Term Rental)
LTR (Long-Term Rental) is a investment strategy concept that describes a specific aspect of how real estate transactions, analysis, or operations work in the context of real estate investing deals.
Labor Costs
Labor Costs is a construction and renovation concept that describes a specific aspect of how real estate transactions, analysis, or operations work in the context of value add renovations deals.
Lagging Indicators
Lagging indicators are economic and real estate metrics that turn after the economy has already shifted—vacancy-rate, consumer-price-index, employment—used to confirm cycle turns rather than predict them.
Land Banking
Land banking is the practice of purchasing undeveloped land in the path of anticipated growth and holding it for long-term appreciation, with the intent to sell to developers or end users once the surrounding area matures.
Land Contract
A land contract is a seller-financed purchase agreement where the buyer makes payments directly to the seller, who retains legal title to the property until the contract is fully paid off.
Land Development
Land Development is a investment strategy concept that describes a specific aspect of how real estate transactions, analysis, or operations work in the context of portfolio scaling 1031 exchanges deals.
Land Improvement Depreciation
Land Improvement Depreciation is a tax strategy concept that describes a specific aspect of how real estate transactions, analysis, or operations work in the context of tax optimization deals.
Land Investment
Land investment is buying raw land — no buildings, no tenants — to hold for capital appreciation, future development, or sale. You're betting the land will be worth more later. There's no cash flow while you hold.
Land Loan
Land Loan is a real estate lending concept that describes a specific aspect of how real estate transactions, analysis, or operations work in the context of financing deals.
Land Trust
A land trust is a revocable trust that holds legal title to real property while you (the beneficiary) retain beneficial ownership—the right to use, sell, and receive income from the property.
Land Value
Land Value is a property valuation concept that describes a specific aspect of how real estate transactions, analysis, or operations work in the context of first rental property deals.
Landlord
A landlord is the owner of rental property who leases it to tenants—responsible for maintenance, rent collection, lease enforcement, and compliance with landlord-tenant laws.
Landlord Insurance
Landlord insurance is a property and liability policy that covers rental properties owned by an investor, distinct from occupant homeowner insurance.
Landlord Reference
A landlord reference is a phone call or written verification with an applicant's previous landlord to confirm payment history, lease compliance, and whether they would rent to the tenant again.
Landlord Retaliation
Landlord Retaliation is a legal strategy concept that describes a specific aspect of how real estate transactions, analysis, or operations work in the context of property management deals.
Landlord's Runway
The landlord's runway is the multi-year structural floor of rental demand created by the housing deficit, the lock-in effect, and the affordability crisis, guaranteeing sustained tenant demand regardless of economic cycles.
Landlord-Friendly State
A landlord-friendly state is one whose laws favor property owners—faster evictions, lower security deposit limits, fewer notice requirements, and limited rent-control—making it easier to manage rental-property and protect operating-expenses.
Landmark Designation
Landmark Designation is a legal strategy concept that describes a specific aspect of how real estate transactions, analysis, or operations work in the context of legal protection asset structuring deals.
Landscaping
Landscaping is a construction and renovation concept that describes a specific aspect of how real estate transactions, analysis, or operations work in the context of fix and flip deals.
Late Fee
Late Fee is a property management concept that describes a specific aspect of how real estate transactions, analysis, or operations work in the context of property management deals.
Latte Factor
The latte factor, coined by David Bach, illustrates how small daily discretionary expenses — like a $6 latte — compound into thousands of dollars annually that could be invested in real estate instead.
Laundry Income
Laundry income is revenue from shared laundry facilities in a multifamily property—typically from coin-operated or card-operated washers and dryers in common areas—counted as ancillary income that adds to NOI.