US Economic Outlook 2018

US Economic Outlook 2018

Supply and demand always have and always will be the basic levers in the market. Additionally, interest rates temper or imbue demand and inflation is a reflection of raising asset prices. On the demand side, there is real GDP growth and the value of the dollar. GDP...
Why Syndicators Charge Fees?

Why Syndicators Charge Fees?

Most real estate investment sponsors (deal syndicators) charge a host of fees and retain portions of equity in exchange for their services. What are syndicators being compensated for, exactly? Real estate deal sponsors spend many hours working on a deal before it is...
LLCs and Asset Protection

LLCs and Asset Protection

LLCs are a hot topic among real estate investors. Many people starting out think the first thing they need to do is to create an LLC, myself included. In reality, an LLC is not a necessity for all investors and isn’t the magical asset protection device many believe it...
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...