Winterization Tips
With bad weather continuing to hit us from all angles, it’s not too late to take steps to guard your property against extreme weather. Here are a few steps that can assist you in preparing your home for extreme weather conditions. Remove all hoses from the exterior hose bibs and install thermo hose bib covers …
Preventing Dryer Fires
Each year, thousands of fires start in the clothes dryer around the country. The most frequent causes of these fires are improper ventilation and/or poor maintenance, which allows lint to accumulate. When lint collects in the ducting, on the heater, switches and motors in the dryer, fires can result. Ventilation is one key to avoiding …
Choosing the Perfect Home for You and Your Dog
When you’re looking for a new place to rent, you probably have a list of things you want and don’t want. While filtering through pet-friendly apartments, consider these 3 things when choosing the home for you and your dog so you both can be happy. Adapted from this article: Top 3 Things to Look for in …
7 Reasons to Invest in the Pacific Northwest
7 Reasons to Invest in the Pacific Northwest Thinking about investing in Pacific Northwest real estate? Now is the perfect time to make the move. Here are our top 7 reasons to invest in the Pacific Northwest. 1. Jobs High tech companies flock to this area. The Portland area has been nickmnamed the “Silicon Forest” …
6 Amenities Tenants Can’t Resist
6 Amenities Tenants Can’t Resist What Do Tenants Want? While the financial aspects of owning an investment property (ROI, Cap Rate, etc.) are most important for investors, what is most important for tenants? Which properties rent the fastest, and typically bring in the highest rents based on their square footage and amenities? Here are six …
3 Ways to Reduce Mold Growth
Are you notorious for taking hot showers? The buildup of steam and moisture in your bathroom can cause serious problems to your home or health if these proper steps are not taken. Not only can moisture cause damage to your walls, but it can lead to the growth of mold! Now that can be a …
Property Value Based on a Net Return Via Capitalization Rate
Calculating Property Value Based on a Net Return Via Capitalization Rate The common measure of rental real estate value based on net return rather than gross rental income is the Capitalization Rate (or Cap Rate). In contrast to the GRM, the Cap Rate is not a multiplier but a rate of annual return.Before you can …
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How is the Debt Coverage Ratio (DCR) Calculated?
What Is a Debt Coverage Ratio (DCR)? Debt Coverage Ratio (DCR), sometimes known as the Debt Service Coverage Ratio (DSCR), compares an investment property’s Net Operating Income (NOI) with its debt service.Lenders use this ratio to calculate whether or not you will be able to generate enough income to pay your debts. Most commercial lenders …
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What is a Loan to Value Ratio (LTV) and How Is It Calculated?
Loan to Value Ratio (LTV) What Is It? When considering how to invest in real estate, one term you may see come up time and again is loan to value ratio (LTV). It is a lending risk assessment ratio that lenders examine before approving a loan. How Is It Calculated? The LTV is determined by …
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What is Gross Rent Multiplier (GRM?)
WHAT IS GROSS RENT MULTIPLIER? The ratio of a property’s price to gross rental income. It tells you how long it will take for an investment property to pay for itself. For a prospective real estate investor, a lower Gross Rent Multiplier (“GRM”) represents a better investment opportunity. Similar to other property valuation methods, GRM is effective …