If you run any type of business, it does not matter whether it is an online business or brick-and-mortar, it does not matter whether it is real estate, investing, or else, you will need an online presence. The easiest way to get started is by launching your own website. Building a website is not rocket…
Morning S.A.V.E.R.S. – Part 2
I first blogged about Morning S.A.V.E.R.S. with the post here. In Part 2 here, I would like to further elaborate on the first 3 parts of this routine, and provide you with my own personal interpretation on how that works and I use it myself. Let’s recap on what the first 3 abbreviations represent: S…
I Love My Job
People may say “I Love My Job” for many reasons. When referring to the term “job,” we are talking about the 9-5, W2, full time job; the one that you are trading your time for your salary, that most of us are engaged to at the moment. There is absolutely nothing wrong when someone says…
The Two Percent (2%) Rule
We have blogged about the 1% rule earlier with the post here. The 2% rule is an extension to the 1% rule, and the intention of the 2% rule is to allow real estate investor to quickly determine if the deal is a potentially good cash flow deal or not. As always, we will first…
FIRE, Part 2 – Financial Independence with Real Estate
We talked about FIRE as in Financial Independence, Retire Early in a previous blog post (that you can read here). But when it comes to the term of “FIRE,” we also have a slightly different, but playful interpretation of what it means. At DoorInvestor, FIRE also means Financial Independence with Real Estate. It is quite…
Five Dollars ($5) Real Estate Investment Training Course
Do we at DoorInvestor have the crystal ball to tell if anything is a scam or legit? We do not. But what we believe in, is that all education has a price tag to it. It maybe a price tag of “time investment,” or it maybe a price of “monetary investment,” or it maybe a…
The One Percent (1%) Rule
The 1% Rule is a handy formula for real estate investor to evaluate the potential profitability of any given deal, without pulling out a calculator or going through a complex financial model. Let’s take a look at the formula itself: Monthly Income / Purchase Price * 100 Here is an example: For an investment property…
DSCR – Debt Service Coverage Ratio
Even though the title of this blog post is DSCR (Debt Service Coverage Ratio), we will use this opportunity to explain both DSCR and DTI (Debt To Income Ratio), as they are both important concepts around debt financing calculations. First, let’s check out the formula for DSCR: DSCR = NOI / Total Debt Service We…
Turnkey Property Investing
If your investment strategy is to be passive, investing in Turnkey Properties is definitely a good method to consider. Until now, the concept of “turnkey property” is still very loosely-defined to something as, “a property that is already rehabbed, has a tenant placed, and cash-flowing.” There are a lot of so-called “turnkey providers” out there,…
When Can I Retire?
Have you ever asked yourself (or your friends) this question, “When can I retire?” Traditionally, we think of reaching the goal of retirement when we have $X in our bank account. For example, one will say, “I can retire when I have 2 million dollars in my bank.” Although that is a very common and…