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20 August 2023 | 22 replies
You can deduct your actual expected cleaning fees if you already have a cleaning crew set up.To estimate how much to deduct, we look at the AirDNA report for average stay duration (often 3 days) and multiply that by the expected cleaning fee for your crew OR the average of the cleaning fees of my comp set as self-reported in AirBnB when you’re about to checkout.That gives me an idea of the total revenue.
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22 June 2023 | 21 replies
Getting over $600,000 in proceeds back allows for me to fund the next real estate project and keep working to multiply the equity that I have built over the years.
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24 August 2023 | 5 replies
If you make improvements that allow you to increase your rents, another option is to apply a Gross Rent Multiplier to get an estimated market value.
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21 August 2020 | 8 replies
Also, you can break down the rent on your comps to $/sf so that you can accurately multiply the size of your target property by the $/sf that you found for your comp to get what your target property should rent for.
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29 August 2023 | 2 replies
You are estimating holding costs at 2k with 5 payments and then you are multiplying the principal by the interest too.
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29 October 2019 | 4 replies
Talk to your neighbors and find out their average nights per month they’re renting out and multiply.
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7 August 2019 | 13 replies
So, loosely, if you take the monthly rent and multiply it by 12, then add in attorney's fees and court costs, you can be at $5000 quite easily.Since your five evictions technically fall under this new legislation, you might get caught in this net.
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24 July 2023 | 16 replies
That becomes a powerful multiplier.
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1 December 2022 | 5 replies
So multiply that by 12 and divide that number by your down payment, closing costs and rehab if you did one.
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15 October 2021 | 645 replies
So multiply the ARV (After Repaired Value) times 75%.