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All Forum Posts by: Derek Smith

Derek Smith has started 16 posts and replied 103 times.

Post: Calculating ROI on rental propety?

Derek SmithPosted
  • New to Real Estate
  • Denver, CO
  • Posts 108
  • Votes 20

@Ali Boone Great information with the Napkin Numbers! I'm excited to try them myself. Minus the fact that I am still new and have a question about your figures. I understand how you come to the second annual net under the Cash-on-Cash, but how did you arrive to the $9168 under the Cap Rate section for Annual Net?

Post: New to BiggerPockets!

Derek SmithPosted
  • New to Real Estate
  • Denver, CO
  • Posts 108
  • Votes 20

@John Moore & @Karen Margrave Podcasts, BRILLIANT! Any suggestions of where to start? I'm currently wanting to enter into property management as my first stepping stone, so if you have anything to subscribe to I'd be much appreciated!

Post: New to BiggerPockets!

Derek SmithPosted
  • New to Real Estate
  • Denver, CO
  • Posts 108
  • Votes 20

Hello everyone!

First off I want to say I am excited I've stumbled across this website recently! I've always been interested in real estate investing/property management, yet I've never had any "mentors/influencers" around to help.

I have a slue of questions, but for now I just want to say 'Hello'.

My background: Primarily collections and customer service, so maybe not the best background experience to help get me started.

So here I am! Ready to learn how to make MY pockets BIGGER!