Investing with you IRA is a great one if you still have another source of income and simply want to use real estate as a multiplier of your savings.

Commercial agents (in the Puget Sound region) and investors will use CAP rates, GRM (gross rent multiplier) (sales price/gross annual rents), Price Per Unit, Price Per Sqft, and Cash Flow.

Using the 70 percent rule, multiply $200,000 by 70 percent to get $140,000, and thensubtract $35,000 for the repairs.

I like the lower price entry point, followed by higher than usual cap rates and rent multipliers.

Gross Rent Multiplier.

Im trying to buy a triplex, i have the right income, the right savings but i was told that for a 3 family house the bank calculate the rent of the 3 unit and multiply it for 75% than if the amount is less then the mortgage the bank will not give me the loan… is that really how it works?

Divide by $1000 then multiply by $20.61 to get your tax numbers.http://www.worcesterma.gov/e-services/search-public-records/property-valuesFYI, Zillow is to real estate what WebMD is to the medical world.

I’ve absolutely heard of investors killing it by renting out by the bedroom but been reluctant in going down that road myself over concerns that I’m then (logistically) managing multiplying leases/overhead by the bedroom vs door, particularly with college students who are then deciding they don’t like their housemates and pushing to break lease mid-year when things are far harder to rent back out. 

For example, if a duplex sold for $100,000 in 2015 and the market values for your area have increased 50% since then, multiply $100,000 x 1.5 and you'll get a new market value of $150,000.You can also compare by price per square foot.

I split by llc which owns the properties. and I use 2 accounts, a checking and a savings. keep in mind most banks expect a minimum daily balance to avoid monthly charges. multiply that by many properties and you have a bunch of stranded capital the bank gets to use.