24 April 2018 | 240 replies
Imagine $120.00 a door that is closer to what I am getting multiplied by 1000 front doors equals $120,000 a month multiplied by 12 months equals $1,440,000.00 right?
22 June 2023 | 32 replies
If you are new to flipping, the good rule of thumb is whatever your renovation estimate is, multiply it by 2 and that's your real number.
9 March 2015 | 277 replies
Replicating that over and over multiplies the losses.
26 April 2016 | 67 replies
Call it $5710.Subtract annual mortgage interest deduction and annual property tax write-off multiplied by the formula a CPA gave me that includes their top state and federal marginal tax bracket, divided by 12, from it, note that I'm not a CPA confirm with your CPA.
16 September 2021 | 12 replies
January – March Sales Volume - $32,594,800 (31% of the total volume in 2020)Number of units sold – 352 unitAverage price per unit - $98,832 (94% of the all-time high price in 2007)Average Gross Rent Multiplier – 10.63Citywide Vacancy Rate – 1%Average Rent Growth - .67%Good Luck in your investing.
21 July 2021 | 2 replies
At this rate the volume will exceed 2020's volume by 20M.650 Units have soldThe average Gross Rent Multiplier is 10.99 which is 1% higher than the end of the year GRM in 2020.The average CAP Rate on closed deals is 5.34%Average price per unit on fourplexes is $116,663 which is 7.82% higher than 2020's level.Average price per unit 5 to 30 unit buildings is $84,800 which is up 7.2%There have been no sales of buildings with more than 30 units.The YTD appreciation rate is 9.87% which is impressive as it was negative 7.8% at the end of February 2021.
14 November 2023 | 151 replies
To summarize, multiplying the headaches and work with multiple single family homes is not worth the cash flow.
9 October 2019 | 25 replies
. $600/mo x 12 = $7,200/yr --> you're collecting $1900 a year more - multiplied by 10 units - and that's a substantial amount!
7 April 2024 | 33 replies
If yes, that is ok, however, if you wish to multiply your investment and for that matter, multiply your income down the road, then I would recommend you purchase multiple properties.
5 April 2017 | 65 replies
At first my goal was just to flip 4 houses a year to make an additional 40k a year and then I went to a training with Robert Sheman and he talked about making a quantum goal (taking your goal and multiplying it exponentially).