Hello community. I’d like to chat with or hear from someone a little more seasoned than me as an investor.
There’s a few financial (terms/acronyms) that I need a little better help understanding. Not just the definition, but what it’s telling me. (DCR “Debt coverage Ratio”, BER “Break Even Ratio” and the Loan Constant).
I also would like to hear how anyone is, or has in the past compensated bird-dogs (ex. Hourly, by the property submitted, commission only on deals closed, etc.), and how have you expensed this cost (I.e. marketing, advertisement cost, etc.)?
Thanks