Rents are shooting the moon and rent multipliers are even more crazy.  

We are multiplying fast lol.

This is why a NET income multiplier is much more important then a GROSS income multiplier.  

The reason I ask is b/c $6,000 isn't enough for the majority of real estate investment opportunities, although you could quickly multiply your investment by wholesaling in your IRA.

Multiply that times 4 properties you have spent $2000 for the warranties (whether you use it or not) and then you have spent $1800 in service calls.

My guess is that your own flips would have been good candidates for BRRRR, and you could have been at the Refi stage, multiplied by the number of flips you have done.

Multiply that by 12 and this owner is in some dire straights.  

Multiply by 12 months, you get $1,800 cash left over.

Equity in your real estate is a very powerful position to be in.Over the past years, and thanks to my wife's conservative control of our cash flow, we have been able to pay off mortgages that in turn created a large equity base from our portfolio.Having a large equity is a great position for investors.Creating Equity is a great goal to aim for.With Equity an investor can:Have large cash flow Borrow against SellExchangeBlanket mortgagesIncrease net worthIncrease the quality of portfolioIdeas to increase Equity:Control real estate below market valuePay down mortgages by increasing base income flipping propertiesUse substitution of collateral techniquesApply more than regular payments on the mortgageTax Deferred 1031 ExchangesIncrease rental cash flowKeep score of your equity as properties are purchased (make it a game, a goal)Make one equity based offer a week (do this a wealth will follow)Multiply yourself by having others bring you transactions (Locators, Bird Dogs, Agents)Sell things you have (accumulated in your garage or basement) apply proceeds to mortgagesAdvertise and market your services more aggressively Charles

These both numbers multiplied and we have the propertie value.Thats byzantine ^^.