What I learned today...

[Greg C.]

As I'm researching and reading and google searching and listening... I'm learning.

I just wanted to use this space to note things I learn as I learn them.  I have absorb so much in the past month.  Not looking for a lot of commentary but maybe you learned something useful today also..

(DSCR) - "Typically, most commercial banks require the ratio of 1.15–1.35 times (net operating income or NOI / annual debt service) to ensure cash flow sufficient to cover loan payments is available on an ongoing basis." Wikipedia

DSCR = Net Operating Income / Total Debt Service

Simple example: NOI 100,000 / TDS 65,000 = 1.5%

[Greg C.]

Life lesson learned this weekend...  When ordering books on Amazon... read the description... Apparently there are mini versions...  Here I am reading my brand spanking new Hard Cover copy of Rich Dad Poor Dad :-)