Take the current market rate for a comparable unit 2k and then the current rent 1k Then multiply that by 6 or 12 So you get 6 or 12k Now you add concession for improvements if the tenant made any out of pocket Now 15k Add 1k for moving anxiety tax Now 16kAdd moving / storage 500-1kNow 17k I can rationalize and sell all of the above.

The ratio of the improvement value to the total value of the property multiplied by the appraised value of the property at the time of conversion will give you the depreciation basis for your property.  

So 47k, multiplied by 0.7 is $32,900.

30 basis points is .30% in percentage format and in decimal format its .003 X loan amount so take your loan amount that is 726,200 or lower and multiply it by the decimal factor of .003 /12 months = monthly savings, and viola you have your answer.

. 🌟 Increasing the NOI has a multiplying effect on increasing the value of a large multifamily property.

They Just Multiply.....

When most people get five extra grand they plan the hell out of it's use, but when the number multiplies they suddenly get grand and lavish.Be conservative.

Your liability exposure multiplies, and having a layer of separation (entity), and a lot of insurance, is the best practice, in my opinion.

This is when the terms cap rate and revenue multiplier are used.

Recently, I read Brandon Turner's real estate investing book, and now I'm torn between two strategies.On one hand, I could start small with single-family homes and gradually multiply my investments over the next five years.