They are using you, grinding down on you, really with fractional reserve they are taking advantage of you, so yes use them, with respect and minimally and where you don’t have a lot of risk of paying them off because your asset is a fat cow paying you more than plenty for the minimum payments even in hard times because the rents don’t go down that much in recessions, but then get out from under them ASAP and start putting your own low risk returns into your own pocket.In decision theory you multiply all the outcomes by their probability, and the expected outcome is the sum of all the probability-weighted outcomes.

Multiply your number of leads needed by cost per conversion and you have your answer.Keep in mind that AdWords can be expensive and you may find organic methods like blogging less expensive.

Most importantly, what you're going to want to iron out is an estimate on average rental price per night and multiply it by expected number of days per year.  

Definitely start small, because when you are in the big leagues, a small mistake is multiplied many times over and can sink you very quickly.

http://www.redfin.com/CA/Santa-Cruz/924-3rd-St-95060/home/2155384Tax Amount: $2,331Gross Rent Multiplier: 227.03Rental Income: $13,875Net Income: $6,211Gross Scheduled Income: $13,875Gross Annual Income: $12,904Gross Annual Income Includes: RentsCapitalization Rate: 0.1970000000Oh man.

You ain't buying a job here, that comes free.then take the remaining half, and deduct all taxes and municipal charges, any recurring payables. multiply by 10 at most.

I'm wondering if anyone here can explain the reasoning and comment on the formula's validity.He says, "The precise formula is that your loan-to-value ratio multiplied by your annual constant must be lower than your cap rate to get positive cash flow"so that's,LTV * C < CapRate --> positive cash flow(C = Annual constant)He goes on to define the terms like so,LTV = Loan/ValueC = (annual payments) / (loan balance)Cap rate = NOI / Price NOI (Net operating income) = income - expensesIf you do some algebra you can restate the formula as,(loan/value) * (price / loan balance) * annual payments < NOI --> positive cash flowBeing somewhat simple minded I would have thought that the formula for positive cash flow would be simply,annual payments < NOI --> positive cash flowBut I don't understand the multipliers on the left side,(loan/value) * (price/balance)Can anyone explain to me why they should be considered?

(Though I think you forgot to multiply NOI by 12 to get an annual figure to determine Cap  or cash on cash return of 7.7%).  

My rule of thumb is to figure out how long you THINK a project should take and then multiply by three... it's actually scarily accurate a lot of the time, lol!

One that looks promising is Sun Valley Supply and I'd bet if they aren't getting drywall from a big box store then they are likely going somewhere like this.Something to keep in mind is with a supplier like this your multiplier (discount) is generally based on relationship and volume.