Lauren DeFreitas
15 Calculations YOU NEED TO KNOW as a Real Estate Investor
19 January 2023 | 2 replies
I’m 45 ke and would love to be able to quit my job and live off of real estate sooner than later.Cap Rate: NOI divided by sales priceGRM (Gross Rent Multiplier): sales price divided by SGINOI (Net Operating Income): SGI minus vacancy & expensesDCR (Debt Coverage Ratio): NOI divided by debt serviceDepreciation: sales price x 85%, divided by 27.5REO (Return On Equity): Cash Flow divided by equityROI (Return On Investment): Cash Flow divided by down paymentSGI (Schedule Gross Income): income before vacancy & expensesVacancy (depends on market): 5% of SGICash Flow: NOI divided by Cap RateGOI (Gross Operating Income): SGI minus vacancyValue: NOI divided by Cap RateValue: SGI x GRMExpenses: 35% of GOIMax Debt: NOI divided by Debt Coverage Ratio
Lieren Schuette
Best Flooring Options For LTR?
26 April 2023 | 21 replies
Quote from @Ke Nan Wang: Luxury Vinyl Plank and light oak color all day every day.
Rich Hupper
Turn around on Construction plans for a 3 unit design
25 April 2023 | 10 replies
Quote from @Ke Nan Wang: Sorry this is happening to you.
Alexis Hernandez
How to find measurements for long distance rehabs.
7 May 2023 | 4 replies
Quote from @Ke Nan Wang: Hi @Alexis Hernandez, I'm a licensed contractor in Florida and have been doing rehabs and new constructions for years.
Bryan Cheng
Who are your tenants?
10 May 2023 | 9 replies
Quote from @Ke Nan Wang: Federal Fair Housing Law has very strict guidelines against discrimination practices in housing so most things you mentioned are not good practices if not illegal.
Andrey Y.
Mortgage rates skyrocketing !
22 June 2019 | 164 replies
That I bookmarked and here for your reading pleasure:https://www.biggerpockets.com/renewsblog/author/ke...As far as I'm concerned, there is enough evidence that in US markets, there is no correlation between interest rates and home prices.
George Chung
Tired of San Francisco and Oakland rental
13 January 2022 | 34 replies
It's not about the cheapest market out there, but the best market to fit your criteria. some tips:https://www.biggerpockets.com/blogs/10145/66160-ho...https://www.biggerpockets.com/blogs/10145/73999-ou...https://www.biggerpockets.com/blogs/10145/74387-ke...2.
Alan Asriants
Tenant with 750+ Credit Score and 150k Income trashed my apartment... what's next?
9 January 2024 | 28 replies
Quote from @Ke Nan Wang: Document all the cost and how much they owe you after security deposit and send it over to collection.