I am a recent college graduate from UNC Charlotte and now that I have a degree in organizational management I would love to immerse myself more into the world of real estate investing.

@Joshua SmithI’ve thought about how to explain the fallacy of so called “velocity” so that people without advanced degrees in finance can understand it.

Hey Byron,So the advantage of doing Refi compared to a HELOC is that the heloc is personally backed to some degree while a DSCR refi is backed by the (hopefully) cash-flowing asset.

If you dont have big pockets for this type then doing less extensive renovations is not as efficient numbers wise as you will see in Ontario to cashflow well as you are limited by stricter rent control and there is less degree of appreciation (Use the Biggerpocket calculators and you can see how massive the difference is with differences in appreciation over time even by.a few % points).

They will need to know, like and trust you to the highest degree.  

Its @Ned Carey 1000 Degree's the opposite as what happens in Tax Lien states and especially in the rust belt and back east.. 

We have a person on board with a degree in design, so we usually tweak the floor plans for sight lines and function.

In reality I only change it at the end of a lease if needed, but that tends to keep them from setting the thermostat to 64 degrees in the summer.

➡️ What is the degree of the upgrade for the renovated units?

Not really recommended to use a spreadsheet to create these financial reports because human errors can happen when entering formulas.I mean you can do it, but it just baffles me that people are okay spending time doing accounting work without any knowledge/experience instead of delegating the work when there are people who go to colleges and graduate with accounting degree.