Five Key Ratios You Must Know When Investing in Real Estate
Capitalization Rate (Cap Rate)
Cash return on investment (Cash ROI)
The total return on investment (Total ROI)
The debt service coverage ratio (DSCR)
The gross rent multiplier (GRM)
14 Tips to Screening Tenants
1. Check credit, criminal and eviction history report. You will want to pull each report.
2. Make sure to have the potential tenant(s) complete a thorough rent application. Make sure all occupant names, social security number over 18, ages, current address, job status, vehicles and etc.
Confessions of Faith Part One
I recently read a great book from Charles and Annette Capps. The book is full of confessions of what a believer, property owner and one believing God for property should confess.
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