For instance, if a property worth $10 million brings in $100,000 per door, the cap rate is $100,000 divided by $10 million.To quickly size up a deal, I rely on the 1% rule: if the price is $100,000 per door, I expect to see at least $1,000 in monthly rent.

Add that to the DP (20%), which actually means divide the maximum loan by 80%, and you have your maximum offer.I don't negotiate.

Good morning. 

Or divide it up 50% in real estate and 50% in a combination of S&P500, bonds, T-bills, Master Limited Partnerships or other public markets.

As we discussed this with the agent, she was notified that the price had dropped another $10,000 that morning.  

That means in this case you would need to translate that "5" into actual dollars of cash flow per month, then multiply by 12 for the year.Now divide the cash you put in (actual cash, not the percentage) and that will tell you how long it will take you to recover your cost, and where that "cash flow" is now real, and not just a recovery of cost.So, on these cash flow deals (especially the ones you put in 30% of the purchase price), how long will it take you before you recover your cost (the cash you put in,...the DP)?

No Sunday mornings, etc.)

Good morning Casey,I'm a broker and property manger in Albuquerque, NM. 

Hey Rodney, some of my clients this year are purchasing single family homes and then dividing the house into multiple units for cash flow.

Maybe the next morning drive up and down McKinney Ave in Dallas, have breakfast at Breadwinners, and from there stay parked and get out and walk a mile on the Katy Trail.Dallas seems to be real estate meetup central, so if you let me know what days you will be here, I can try to point you to some of the meetups.