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Updated over 6 years ago on . Most recent reply
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It’s all 3rd grade Math!
Here’s my latest blog post:
https://www.biggerpockets.com/blogs/8290/76279-it-s-all-3rd-grade-math?created=1
I’m looking forward to reading all your comments.
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Mike Dymski
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Congratulations on the acquisition and the value add.
I don't think the important math is on that page. What's important is the value created and the related IRR. A majority of the posts on BP revolve around small amounts of cash flow and the precise execution needed to achieve it. Other investors, like yourself, can get 5-10 years of cash flow in one year of adding value and then refinancing/exchanging/selling. Multiplication is better than addition.