![]() ![]() Zoning rules vary from locale to locale but generally have similar general structures in each state. In that case, you’d need to seek out a variance from the zoning board to build a second story on that property. Let’s say your local zoning board only allows one-story residential buildings. For example, if you own an apartment building that is one story high and the rental business is booming in your city, you might want to build a second story on the apartment building to expand your rental income. A variance in real estate is legal permission to use land or build in a way that strays from current zoning laws. In real estate, variance carries a slightly different meaning. ![]() Let’s get more specific with “portfolio variance.” If you have an investment portfolio, the portfolio variance measures the weights of each asset in a portfolio against each other to determine the standard deviation squared. In investing terms, investors use variance to determine how much risk a potential investment holds and whether they will profit from it. Variance is the statistical measure between numbers in a data set. ![]()
0 Comments
Leave a Reply. |
Details
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |