Debt Service Coverage Ratio (DSCR or DCR)

Debt Service Coverage Ratio (DSCR or DCR)

In my last post about the BRRR strategy, I mentioned the importance of understanding the debt service coverage ratio when analyzing an investment and the totality of an investment portfolio. Simply, the DCR of an investment is the NOI divided by the annual debt...
BRRRR! A Red Hot Strategy

BRRRR! A Red Hot Strategy

It may almost be December, but I’m not complaining about the cold. BRRRR stands for buy, rehab, rent, refinance, repeat. This has become a popular strategy ever since the founders of www.biggerpockets.com coined the term. Here is a really nice article breaking down...
My Morning Routine

My Morning Routine

The vast majority of successful people treat their mornings as sacrosanct and attribute much of their success to the hours of work performed in the morning. For many others, however, mornings are not as sublime and instead signal the start of a deluge of tasks which...
Rob’s Book of the Week #1

Rob’s Book of the Week #1

Recently, I came across one of the clearest and most informative books I have ever read. The book is called Getting More by Stuart Diamond, and I already plan to reread it within the next few months. So why was this book so good and why should you care? Diamond is a...
Top 10 Reasons to Invest in Pittsburgh

Top 10 Reasons to Invest in Pittsburgh

This is some research I did a while back about the ‘Burgh. I have learned many new things about the market – most of which are very good! Pittsburgh ranks #5 on Marcus & Millichap’s list of high-yield multifamily markets. Pittsburgh’s unemployment...