Debt Service Coverage Ratio (DSC) – What it is and Why it Matters For You!
The Debt Service Coverage Ratio (DSC) is a term often used by bankers and others when discussing investment real estate. In my experience, DSC is one of those items often…
Author
Kevin Perk
Shopping for Commercial Loans
I buy smaller multi-family properties. My strategy is: buy them, fix them up, rent them out and hold them. This is a great strategy for building cash flow and wealth. …
What is a “Comp?”
My recent post on appraisals generated some thoughtful and insightful comments. One noted some folks may not really know what a “good comp” is. That got me thinking. Sometimes we…
Seven Tips for Dealing With the Dreaded Appraisal
Appraisals are a part of real estate investing, especially if you or your buyer needs bank financing. Appraisals can be crucial – they can easily make or break the deal.…
Eminent Domain: What to Do When the Government Tries to Steal Your House
Did you know that the government has the power to legally take your property from you? That power is called “Eminent Domain” and it is derived from the Fifth Amendment…
Using Commercial Loans to Fund Your Real Estate Investments
Unless you are sitting on a pile of cash, the purchase of your buy and hold properties are going to have to be financed through some type of loan. The…
How to Determine Rent: 8 Tips for Making Sure You Are Charging the Correct Amount
Rent is simply a price. The price someone is willing to pay to use your property for a set period of time. This price is determined by hundreds (if not…
Dealing with the Nitpicker Tenant
We all know the nitpicker type. The nitpicker is someone who never seems satisfied and is always finding something wrong. Nitpickers can drive you crazy. With most situations in life…
Don’t Just Hand Them The Keys, Use A Tenant Move In Process
Your property is move in ready. You have shown it to several potential tenants. You have screened your applicants and selected the person that best fits your criteria. Now all…
Five Ways to Eliminate Most Landlord/Tenant Adversity
Several years ago when I was just starting out as a real estate investor, I remember talking with another much more experienced investor at one of our local reia group…
What is “The Rehab After The Rehab?”
I typically buy distressed properties. I find that distressed properties are the key to getting a deal and adding value. Typically, these properties need major rehab work. I used to…
So I Went to a Real Estate Auction
There was an auction for a couple of investment properties in my area not to long ago and I decided to go and try my hand. I have never had…
Reduce Your Risk, Use An Estoppel Agreement (Free Form Included)
Buying an investment property always means calculating the expected return and evaluating the potential risk. Running the numbers is one way we investors calculate our expected return and attempt to…
