I've included an example below to help illustrate this.So different lenders have different rates (which do vary even for DSCR loans) but these are factors they all consider.See example below:DSCR < 1Principal + Interest = $1,700Taxes = $350, Insurance = $100, Association Dues = $50Total PITIA = $2200Rent = $2000DSCR = Rent/PITIA = 2000/2200 = 0.91Since the DSCR is 0.91, we know the expenses are greater than the income of the property.DSCR >1Principal + Interest = $1,500Taxes = $250, Insurance = $100, Association Dues = $25Total PITIA = $1875 Rent = $2300DSCR = Rent/PITIA = 2300/1875 = 1.23If a purchase, you also generally need reserves / savings to show you have 3-6 month payments of PITIA (principal / interest (mortgage payment), property taxes and insurance and HOA (if applicable).

The contractor doesn't have to be named and associated with the permit until the billing statement is ready for issue.

At your local REIA(real estate investors association) meetings, you will always meet cash buyers, land lords, etc.you can use to start a buyer’s list.Option 2: You can partner up with someone who already has a cash buyer’s list.

Am currently looking for a new preparer and am curious to discover the new cost associated with the preparation.

When I asked Amy about this she sent this to me in her reply threatening financial ruin on me and my family if I complained to the BBB (no idea where she even got this from), but this should tell you all you need to know about this company:"Our Corporate Attorney wants to make it very clear to you, Jason, if you complain to a 3 rdparty or post anything negative online about the company, associates, or coaches you areintentionally maliciously defaming our company and since our reputation is veryimportant to us that leaves us no other option than to have our Corporate Attorney sueyou for Defamation and/or Fraud.

I believe at the end of the day, taking the gross revenue number and breaking down the costs associate are what matters. 

I've included an example below to help illustrate this.So different lenders have different rates (which do vary even for DSCR loans) but these are factors they all consider.See example below:DSCR < 1Principal + Interest = $1,700Taxes = $350, Insurance = $100, Association Dues = $50Total PITIA = $2200Rent = $2000DSCR = Rent/PITIA = 2000/2200 = 0.91Since the DSCR is 0.91, we know the expenses are greater than the income of the property.DSCR >1Principal + Interest = $1,500Taxes = $250, Insurance = $100, Association Dues = $25Total PITIA = $1875 Rent = $2300DSCR = Rent/PITIA = 2300/1875 = 1.23If a purchase, you also generally need reserves / savings to show you have 3-6 month payments of PITIA (principal / interest (mortgage payment), property taxes and insurance and HOA (if applicable).

I recently attended a meeting with the Council or Elite Property Managers at the Pikes Peak Association of Realtors in Colorado Springs and was shocked at how many property managers were stating vacancies of over 5% - 7%! 

This is mind blowing, I'm for sure just going back to the plain jane WI realtor association residential lease contract. 

How long would it take to get a new tenant and what's the cost associated with that vacancy?