Terms Starting with O
50 terms
ONE Thing Focus
ONE Thing Focus is the investing principle of selecting a single real estate strategy — such as buy-and-hold SFRs, house hacking, or small multifamily — and pursuing it exclusively until you've closed 3-5 deals, before considering diversification into other strategies.
OPM
OPM (Other People's Money) is borrowed or invested capital from third parties—banks, hard money lenders, private money lenders, seller-carryback, or syndication investors—used to acquire and operate real estate instead of your own cash.
Occupancy Certificate
Occupancy Certificate 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.
Occupancy Fraud
Occupancy Fraud is a legal strategy concept that describes a specific aspect of how real estate transactions, analysis, or operations work in the context of house hacking deals.
Occupancy Permit
Occupancy Permit 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.
Occupancy Rate
Occupancy Rate is a financial analysis concept that describes a specific aspect of how real estate transactions, analysis, or operations work in the context of small multifamily investing deals.
Off Season
Off season is the period of lowest short-term-rental demand in a given market—when ADR and occupancy-rate drop below peak-season levels, driven by seasonality.
Off-Market
Off-market means a property is for sale but not listed on the MLS — it's sold through direct relationships, wholesaling networks, or agent connections instead of public listing.
Off-Market Deal
Off-Market Deal is a deal evaluation concept that describes a specific aspect of how real estate transactions, analysis, or operations work in the context of first rental property deals.
Offer Anchoring
Offer Anchoring is the negotiation technique of making a strategically low (but defensible) initial offer to establish a psychological reference point that pulls the final negotiated price downward, leveraging the cognitive bias where the first number introduced disproportionately influences the outcome.
Offer Letter
Offer Letter is a deal evaluation concept that describes a specific aspect of how real estate transactions, analysis, or operations work in the context of deal analysis deals.
Offer to Purchase
An offer to purchase is a formal written proposal you submit to buy a property at specified terms—price, earnest money, contingencies, and closing date.
Office Property
Office Property is a property classification concept that describes a specific aspect of how real estate transactions, analysis, or operations work in the context of portfolio scaling 1031 exchanges deals.
On-Call Maintenance
On-Call Maintenance 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.
One-Year Occupancy Rule
One-Year Occupancy Rule is a real estate financing concept that describes a specific aspect of how real estate transactions, analysis, or operations work in the context of house hacking deals.
Online Lender
Online Lender 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.
Online Rent Payment
Online Rent Payment 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.
Open Floor Plan
Open Floor Plan 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.
Open House
Open House is a real estate investing concept that describes a specific aspect of how real estate transactions, analysis, or operations work in the context of fix and flip deals.
Open Mortgage
Open Mortgage 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.
Open Space Requirement
Open Space Requirement 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.
Operating Agreement
An operating agreement is the governing document for an LLC—it spells out member roles, capital contributions, profit splits, voting rights, and what happens when someone wants out.
Operating Agreement Clause
An operating agreement clause is a specific provision within an LLC's operating agreement that governs how the business operates—covering topics like capital contributions, profit distribution, decision-making authority, exit procedures, and dispute resolution among members.
Operating Budget
Operating Budget is a real estate accounting concept that describes a specific aspect of how real estate transactions, analysis, or operations work in the context of tax optimization deals.