Lots of newbies want to negotiate deals based on caps and it gives you a false sense of value for a property. 

Before it was calculated based off of the greater of net worth (most RE entities have a negative net worth) and property base, with a minimum of $100 due.

Consider theming your property based on popular attractions in the area, aligning with what guests are doing when they vacation.

Hi Francis, the idea is based in the accounting formula of "Owners Equity=Assets-liabilites".

Or is there just too much land in Texas, so instead of building duplexes, people just keep building further east and north?

DSCR loans won't use your income to underwrite the loan.DSCR loans are based off of down payment, credit score and either actual or market rents so it helps to supercharge an investor's real estate goals and net worth.

I made an offer based on 2020 performance and they accepted it!

If you follow dogma on websites about the “best” property to buy, you are unlikely to get reliable tenants because each location is different.Once you know the property profile for the properties you want to buy for a reliable income, it is time to select the properties.Property SelectionIn addition to conforming to the property profile you created based on income reliability, there are additional considerations, as illustrated below.The rent is the critical factor.

My name is Ryan Montes, and I am a branch manager with Change Home Mortgage, based out of Anaheim Hills, CA. 

Instead of a relationship based on lies, be honest about who you are and draw clear boundaries about the tenant not contacting you.2.