Terms Starting with M
109 terms
MACRS
MACRS (Modified Accelerated Cost Recovery System) is the IRS depreciation system for all rental property — it defines recovery periods (27.5 years for residential, 39 for commercial), conventions (half-year, mid-month), and how cost segregation reclassifies components into shorter lives to accelerate deductions.
MAGI (Modified AGI)
MAGI (Modified AGI) 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.
MLS (Multiple Listing Service)
The MLS (Multiple Listing Service) is a regional database of properties listed for sale by licensed agents, sharing listing data among brokers to maximize exposure and facilitate sales.
MLS vs Off-MLS Strategy
The MLS vs Off-MLS Strategy compares two deal-sourcing approaches: buying properties listed on the Multiple Listing Service (MLS) where all agents and buyers can see them, versus finding off-market deals through direct outreach, networking, and other channels where competition is minimal.
MSA (Metropolitan Statistical Area)
MSA (Metropolitan Statistical Area) is a market analysis concept that describes a specific aspect of how real estate transactions, analysis, or operations work in the context of market research location analysis deals.
MST Framework
The MST framework is a three-part model for real estate success: Mindset (beliefs and risk tolerance), Skillset (analysis, negotiation, operations), and Toolset (spreadsheets, MLS, pro forma models).
MTR (Mid-Term Rental)
MTR (Mid-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.
Mailbox Money
Mailbox Money is a financial strategy concept that describes a specific aspect of how real estate transactions, analysis, or operations work in the context of real estate investing deals.
Maintenance Budget
Maintenance Budget 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.
Maintenance Costs
Maintenance costs are the ongoing expenses to keep a rental property in good working order—repairs, replacements, and routine upkeep that don't extend the asset's useful life.
Maintenance Request
Maintenance Request 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.
Maintenance Response Time
Maintenance response time is the measured interval between when a tenant reports a repair issue and when the landlord or property manager acknowledges, addresses, and resolves the problem—a key metric that affects tenant satisfaction, property preservation, and legal liability.
Make-Ready
Make-Ready 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.
Management Agreement
Management Agreement is a property management concept that describes a specific aspect of how real estate transactions, analysis, or operations work in the context of building your team deals.
Management Fee
Management Fee is a financial analysis concept that describes a specific aspect of how real estate transactions, analysis, or operations work in the context of passive real estate investing deals.
Manufactured Home
Manufactured Home is a property classification concept that describes a specific aspect of how real estate transactions, analysis, or operations work in the context of house hacking deals.
Marginal Cost
Marginal Cost 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.
Marginal Tax Rate
Marginal Tax Rate 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.
Market Concentration Limit
A market concentration limit is a self-imposed cap on the percentage of total portfolio value or door count invested in any single geographic market, designed to reduce the impact of localized economic downturns on overall portfolio performance.
Market Correction
A market correction is a 10-20% decline in property values from a recent peak, typically caused by rising interest rates, oversupply, or economic slowdown.
Market Cycle Awareness
Market Cycle Awareness is a market analysis concept that describes a specific aspect of how real estate transactions, analysis, or operations work in the context of real estate investing deals.
Market Cycle Timing Indicator
Market Cycle Timing Indicators are a set of metrics that help real estate investors determine the current phase of the real estate cycle — expansion, peak, contraction, or recovery — in a specific market, informing buy, hold, or sell decisions.
Market Cycles
Market cycles are the four phases — recovery, expansion, hypersupply, and recession — that real estate markets move through over roughly 18 years, driven by supply-and-demand and new construction.
Market Demand
Market demand is the level of tenant or buyer interest in a market — how many people want to rent or buy, and how strongly they want it.