If there are other revenue sources (parking spaces, storage lockers, coin laundry, etc) you would add that in as well.From there you can figure 50% expenses to get your NOI.Your NOI divided by your purchase price is your CAP Rate.What you'll usually see is someone saying they're gross rents are $1,000 so their GOI is $48,000 for the Quadplex.Their property taxes are $3,000, Dwelling Insurance is $800, Sewer/Garbage is $4,000 so their expenses are $7,800.They will claim a NOI of $48,000 - $7,800 = $40,200 and then calculate a CAP Rate off that.This is a garbage calculation.

You have a huge advantage over most, take your coin and invest it in better places only if you actually need more income.

So I graduated high school, worked a couple years and saved some coin up and started buying.

Good luck Ranae, lets get you goin to make some coin!!!

I would suggest telling them you are a player in their market and you should meet for lunch to see how you can work together to make more coin in 2012.

If so just assign it someone else and make a little coin and let them take the risk.I can tell you there are hidden expenses and your CAPEX will be more than you think.If you buy it will take up a bunch of your time and your money.

You are laying out a lotta coin for a little return.

The only money allowed in the constitution is coins.3) Return to the gold standard so we have real money, instead of fiat currency.

Maybe I should just flip a coin

Like the conscious metaphor nonprofit and for profit are really two sides of the same coin.