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If you want to invest in Real Estate, Call me!
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REAL ESTATE INVESTORS TODAY have many opportunities available, particularly in the greater Charlotte area. Knowledge is key in investing and Education is an important starting point and ingredient in successful real estate investing. You need to understand what you are trying to achieve and in what time frame.
Take a look at the information below. When you are ready to make your investment move, please call me. I have access to the many opportunities that exist in the greater Charlotte real estate market.
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CALCULATIONS & DEFINITIONS
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| Debt-Service Coverage Ratio (DCSR): The ratio of net operating income to debt payments on a piece of investment real estate. It is a popular benchmark used in the measurement of an income-producing property's ability to produce enough revenue to cover its monthly mortgage payments. The higher this ration is, the easier it is to borrow money for the property.
In general, it is calculated by:
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 A DSCR of less than 1 would mean a negative cash flow. A DSCR of less than 1, say .95, would mean that there is only enough net operating income to cover 95% of annual debt payments. For example, in the context of personal finance, this would mean that the borrower would have to delve into his or her personal funds every month to keep the project afloat. Generally, lenders frown on a negative cash flow, but some allow it if the borrower has strong outside income. |
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CAPITAL GAIN/TAX INFORMATION
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CONSTRUCTION COSTS/REMODEL/HOW TO'S
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Remodel Cost vs Value Report -- Online Remodel Magazine. Annual report that breaks down the Cost vs. Value report by region areas of the country.
Contractors.com -- Information on construction costs (estimator), articles, loan search, video library etc.
HGTVPro News -- A site for homebuilding professionals. Everything you need and want to know about building.
Construction Industry Directory and Classifieds -- Online connection to the Construction Industry
Get A Quote -- Get-A-Quote.net lets you help yourself to costs from the largest free construction estimating database on the Web!
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How to Handle Short Sales For owners who can no longer afford to keep mortgage payments current, there are alternatives to bankruptcy or foreclosure proceedings. One of those options is called a "short sale."
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