But wait, there are 30 "students" in the room, they have these seminars every weekend, so that's 30 students multiplied by 52 weeks in a year...which is around 1,500 students...wait...what happened to the other 93% of people that paid to attend...I know, I'm negative, but locally I hear radio commercials for "no money down" this and "financial freedom" that.  

Less liquidity, and less public visibility means those companies sell at lower multipliers. 

Also guys so If I get 8 properties lets say at $150,000 Mortgage w 20% Down  lets say with insurance and property taxes comes to $1100 Monthly you charge lets be realistic and say $1400 Monthly rent Multiply by (8) end of the year net profit is $28,880 minus repairs and any other items at props. the paid of home is netting me 12,000 end of year times 2 netting 24k minus expenses only with two tenants.  

If you take the market rents for all four units, total them up, and multiply by 75%, the resulting number must be greater than your total monthly PITI in order for you to get FHA financing.

We do have one program that we call a calculator; it's a toolkit of simple functions like loan amortization schedule, income multiplier, six functions of $1, etc.

Add, subtract, multiply and divide, that's basically it, if you understand the concept of the number line, you can consider timing, market movement, depreciation and a host of other aspects. 

Maybe if you're working with out-of-town buyers a lot I suppose, but I haven't run into any problems doing this so far.Anyway, one thing I picked up from Sean Terry was to do a quick and dirty estimate based on the overall condition and the square footage, so you multiply the square footage by $8 if the house is in great shape, and $20 if it is totally trashed, and then you have degrees in between.

(Multiply that same scenario by millions of loans - voila!

Primary is taxed at 4% and non-primary at 6%, then you also have to multiply by the millage. http://www.lex-co.sc.gov/departments/DeptAH/auditor/Documents/HomeownersGuidetoPropertyTaxes.pdf

Here are some rough #sAsking price: 195,000Planned Purchase Price: 170,000 (the rest below is based on this price)75 LTVDown Payment + Closing Costs: 47,600Loan Amount: 127,500Amort Period: 20 yrsInterest Rate 6%Current Rent: 39,420 (owner says that is what he currently collects, I would hike the rates as they are below market and probably why the owner says he stays fullOperating Expenses: 14,107 (Tax, Insurance, utilities, 6% vacancy, 10% maintenance)NOI: 25,303Cash Flow after P&I: 14,351Return on Cash Invested: 30%CAP Rate (Weighted for Leverage): 14%Gross Rent Multiplier: 4.3Debt Service Ratio: 2.3Cash Flow Per Door Per Month: 133% of monthly rent to purchase price 1.9%What do you think?