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5 May 2022 | 150 replies
So, if I have to pay the other tenants $90,000 to move then I will increase the rents by $550 per month and will earn an immediate 6 x $550 x 12 x 13.5 Gross Multiplier = $534,600, or more than half of what I paid for the property plus the increased rental income plus annual increases over a 10-year period puts me at a $1.3 million in profits.Yes!!!
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10 November 2021 | 196 replies
I have joined a mastermind group which I know will help multiply my efforts.
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12 July 2023 | 20 replies
Multiply those types of returns by 10 or 20 houses and there's very little that comes close to the kind of returns you're going to get for such small amounts of investment.
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2 September 2018 | 113 replies
I have a Chevy Avalanche.
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23 September 2020 | 8 replies
The FHA house needs to pay for itself as if the property was fully rented out, even though the buyer will be living in one of the units.This is an FHA guideline stating that 3-4 unit properties - must have market rents added up together multiplied by 0.75 that are greater than the monthly mortgage including taxes and insurance.
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30 September 2018 | 16 replies
Multiplied over a few properties and it starts to add up.There are quite a few limitations, especially once you make over $100k per year the deductions start to get phased out.
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22 November 2019 | 11 replies
And they multiply that by trying to scale rapidly thinking riches are in sight and the coming apocalypse in many parts of the country where regulation changes and rapidly increasing competition from other Airbnb wannabes or hotel chains, and other things that will grind down occupancy and rental rates.
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24 May 2017 | 11 replies
You can find your ballpark purchase price by taking what money you have to invest and multiplying by four.
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12 July 2023 | 26 replies
Multifamily and commercial loans are not 30 or 40 years they are often due in five years and you keep re-qualifying and refinancing." so I need to multiply the cash flows yearly by 5 years and check if it is the same price as the property?
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7 November 2023 | 40 replies
Multiply and expand.Look at each asset as a business.