HIGH TECH is here and multiplying, bringing MORE WORKERS (not homeless desperate souls) and those jobs are higher paying jobs than the average pay now!!!!

Once you have the EBITDA you multiply it by an industry average to get a valuation.

There is often opportunity to same expense on the margin and raise income through turnover, but comparable 100-unit buildings in any market will cost about the same to operate (roughly speaking).This is where cap rate is meaningful.When you get to less than 10 units, and when you're talking about a BRRRR project -- by which I assume you mean a re-positioning -- cap rate just isn't as meaningful a metric.I'd look at recent sales in the area and crunch numbers based on these metrics:- cost per unit- cost per square foot- cost per dollar of gross income (this is called GRM, gross rent multiplier, and the equation is: Purchase Price / Gross Annual Income = GRM)This will give you a sense of where the market is and what you can hope to achieve when you reposition your building.Is this helpful?

Hello guys,Reaching out for second opinions/advice on my strategy for RE growth.My family and I are living in a duplex house hack that we bought in April 2021.We racked up a bit of debt that we are paying down as quickly as possible to get my credit score back up so that we can get good terms on a refinance and/or HELOC to purchase the next property with.Any thoughts/constructive input on how I could better approach this would be appreciated.Plan;1): pay down all revolving/CC debt currently owed using the avalanche approach.

I have multiply properties identified.

Why did you highlight my pointing out that with multiple units your risk factors multiply?

It also limits requests, because if you agree to requests, they sometimes multiply. 

And also we need supply to multiply, but net supply only increases if someone dies or if you build a new unit.

For instance, if I buy for 500k and the property is assessed at 300k then I multiply this out as though the property is re assessed at 500k (40% higher).

There is a way to do the math with gross rent multipliers, a more simplified ratio.