Devin James
To those who consider themselves very wealthy, is wealth worth what is takes?
22 January 2025 | 56 replies
I never made more than $100k in a year working until my last year of employment, and still managed to retire at 50 with a lifetime pension from a combination of military and public service.
Craig Oram
JWB experience - My thoughts, let me know yours
30 December 2024 | 24 replies
The arrangement works out fantastically, as all parties can now do what they're best at, and while we are separate entities, our services are integrated.
Kayla M.
Looking for Guidance and Help to Get Out of a Baltimore Property
2 January 2025 | 53 replies
Ok, Spartan Invest so something similar to RW where it's just aggregated TK services over different areas.
Jonathan Small
Case Study: Cockroaches to Cash Flow
26 December 2024 | 0 replies
Here's the breakdown of rental income and expense analysis:1.Annual Gross Income: $25,800 (Monthly rent of $2,150 x 12)2.Annual Expenses: $25,800 * 0.40 = $10,3203.Annual NOI: $25,800 - $10,320 = $15,4804.Annual Debt Service: $10,680 (Calculated previously using a mortgage calculator with a loan of $131,775, 7.25% interest, and a 30-year term)5.DSCR: $15,480 / $10,680 = 1.45 (approximately)
Matt Charney
Hello BiggerPockets! New PRO here
26 December 2024 | 4 replies
We don't allow any "deal-making" in the forums, which includes advertising your services or properties, looking for partners, etc.
Sri S.
Which short term mgmt software is better for sending automated messages, pricing
29 December 2024 | 9 replies
So far I am basing it on customer service.
Tayvion Payton
Investing in MultiFamily
12 January 2025 | 20 replies
How to calculate DSCR is NOI divided by Annual Debt Service.
Lee Ripma
Understanding Kansas City Neighborhoods and Zip Codes
25 December 2024 | 12 replies
Affordable relative to the rest of the US so great place to work remote or just enjoy a reasonable life without being hugely cost burdened Cons: A lot of older than 1980s construction (you 100% can be successful with these properties just have more to check during due diligence) Need to be mindful of market rents in the area and not overspend on renovations where there is not ROI to do so, you can’t usually exceed $2 sf on rental rates and average price per sf is 1.25-1.5 sf (neighborhood, unit type, and finish level specific).KC is not a boom and bust market, you don’t get the high highs or the low lows.
John Williams
Who is the most important connection when investing out of state?
20 December 2024 | 8 replies
Because if I can't get funded in that market the rest of it won't matter.
Paige Corsello
80% Cash out DSCR
26 December 2024 | 8 replies
You can do an 80% LTV cash out refinance, but it will depend on the state and if the property can debt service at the higher LTV