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6 January 2014 | 4 replies
This website looks fantastic so far, tons of useful information and links.Tom
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6 January 2014 | 8 replies
You have some great areas selected.Check out the Start Here page http://www.biggerpockets.com/starthereCheck out BiggerPockets Ultimate Beginner's Guide - A fantastic free book that walks through many of the key topics of real estate investing.Check out the free BiggerPockets Podcast - A weekly podcast with interviews and a ton of great advice.
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4 January 2014 | 6 replies
Your odds of getting rich quick would probably be better in writing some fantastic software program, that takes knowledge too.
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6 January 2014 | 13 replies
You have selected a great area.Check out the Start Here page http://www.biggerpockets.com/starthereCheck out BiggerPockets Ultimate Beginner's Guide - A fantastic free book that walks through many of the key topics of real estate investing.Check out the free BiggerPockets Podcast - A weekly podcast with interviews and a ton of great advice.
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16 October 2014 | 10 replies
@Koob Moua,Click on the "learn tab" at the top of this page, and you could be spending many hour with all of the Information that is available.Raymond
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17 August 2016 | 48 replies
-Frank you need to make the calls, until acquiring properties become easier this should be your top priority to survive in this business.
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12 January 2014 | 24 replies
The bottom line is to try to get on top of the situation as soon as you can.
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6 January 2014 | 52 replies
Balance sheet: Asset of $75,000; Debt of $45,000 Income statement: Top line rental income less vacancy: $1140Total operating expenses (42%): $480Net Operating Income Prior to Debt Service: $660Debt service: $310Debt Coverage Ratio: 2.13The lender's bottom line: Many lenders view a DCR of 1.40 (+/- 0.10) as their target minimum, so this deal would be beneficial for the portfolio, with an acceptable LTV (60%) for this established borrower.
12 January 2014 | 9 replies
To find them, place your pointer over the word "Learn" on the blue bar at the top of this page - when the menu drops down, select "Podcast" at the bottom of the list, then listen and learn!