
8 April 2022 | 5 replies
Every guru will offer a different formula, but one that is commonly used is: 70% of the ARV - Repairs = TARGET PRICETo break that down, that means once you calculate the ARV (After Repair Value) that a property would sell on the market for after your flip is complete, you want to multiply that amount by 70% and then subtract the total cost of your projected repairs.

11 April 2022 | 4 replies
I multiply that by 1.5 and get a total of $4,012.50 so I round it down to $4,000.

18 October 2022 | 1 reply
Find an average of how many times each unit might do laundry in a week and then calculate that on a monthly basis and then multiply by the amount of units. 4 Units x 2 Loads/Week x 4 Weeks in a Month = 32 Loads in each a washer & dryerIf you charge $1.00 for each the washer and dryer, then that would be $32 (washer) + $32 (dryer) for a total of $64 in income per month.
31 October 2022 | 7 replies
Take your current value of your home and multiply it by 80%.

22 October 2022 | 4 replies
Ive watched some videos on this, but none of them are in Florida market or new (inflation). If you are quickly analyzing a deal, what numbers do you use for a only cosmetic, cosmetic with some big stuff like roof, and...

16 February 2022 | 2 replies
Even in those instances using your equity in conjunction with other resources likely only multiplies your efforts.

22 February 2022 | 6 replies
Think about all the potential hazards that someone can sue for damages, then multiply that by 2 for all the unforeseen risk hazards.

21 February 2022 | 73 replies
Supposing you increase the rents on a 4-plex by $40 per year and the Gross Multiplier for similar properties is 15.

22 February 2022 | 10 replies
Generally, with the exception of pure luck, purchasing no less than a 4-unit property will out-produce a single-family for profit every time because when you increase the rents for a 4-unit property every year by only $40 per unit you automatically increase the value of the property in accordance with the 'Rule of Thumb Gross Multiplier' by $28,800 every year as in this math $40 x 4 x 12 x 15 = $28,800 increase value every year and in 10 years you profit $288,000 plus all your regular cashflow and your total profit could possibly exceed $320,000 to $340,000.I always see 4-unit properties for about the same price as a single-family home.

20 February 2022 | 3 replies
The valuation is calculated by the rent roll, meaning how much rent per year are you getting, and then a multiplier is applied to calculate the overall value.