Houses are selling very quickly here, but I would guess that will come to a stand still in the near future as infection cases quickly multiply over the next couple weeks.

I like the gross rent multiplier and NOI.  

Mathematically speaking all of the limited partner's outside basis (80% interest) would have to be multiplied by .63 to compress to 50%.

Hi guys,somewhere I read that a good rule of thumb for changing brick foundation to concrete foundation is $500/linear feet.Does this mean the perimeter of the building in feet multiplied by $500?

The good thing about this is that I can sell one off if I want to later but for now I have to get 2 of everything.Here is the deal just for one unit (the details are the same for both):Purchase price: $95,000No repairs needed (current owner is taking care of the big things found in the inspection)Current tenant pays $925/monthAssuming 5% vacancy and CapExAssuming 8% repairsInsurance is $95/monthTaxes are $153/monthWith a conventional loan of 25% down and a rate of 4.38% here is what the calculator gives me:NOI: $6,128.48Monthly Cash Flow: $154.97Total Cash Needed: $28,590COC ROI: 6.5%Pro Forma Cap: 6.14%Purchase Cap: 6.45%50% rule monthly cash flow: $106.76Income-Expense Ratio (2% Rule): 0.93%Total Initial Equity: $23,750.00Gross Rent Multiplier: 8.56Debt Coverage Ratio: 1.44%Is this a good deal?

I would also keep an eye& ear out for the emerging innovators, every significant economic shift and calamity breeds innovators and those innovators require seed capital, think Facebook, Google, Netflix and so on, those early $ investors made multipliers on their capital that makes any other investment pale in comparison.

Once you've learned how to fix darn near everything, you'll be in a great position to take that ten grand (which should have multiplied by now) and buy your first fixer that you can fix yourself.

That could be a long SOW, in order for that to be accurate, it should be a two part, one is sampling, walk every type and list down the sow at a worst case scenario, multiply, sum, to verify rehab numbers provided by others.

The sale price of $200k less the purchase price of $100k is $100k profit which is now multiplied by the 35% which equals $35,000.

My investment is in a mini-storage, and we did look for one that was poorly managed, had high vacancy, and had a disinterested owner.I'm sure it is high risk to buy a property with a high gross rent multiplier.