I was hoping I could just spray a product on it and move on.

So the talk was over 2 hours long, productive and opened up other quality of life issues to be discussed.

It can be an excellent source of knowledge as well as a great way to network.

Google it, and the 1st link from office.mircosoft.com should be the template you need.3. for the Excel spreadsheet, think of time progressing downwards; the further down in the rows you are, the further through the months4. to map each property, give each one 5 columns {Month #, Mortgage Balance, Principal, Interest, Additional Payment} * that is the month you're on in your repayment to the bank (1-360) * balance due to the bank * that month's principal payment (this is why it's handy to have the amortiation worksheet) * interest for that month * and what additional payments you'll kick in from the other properties.5. when adding a new property to the sheet, just list the following as headers so you can add them into your equations {purchase price, down payment, P&I, cashflow when mortgaged, cashflow when paid-off}.6. to make this all work, you take an iterative process * start by charting your 1st and only property, and plot it out so it takes 360 months to pay off * add in your 2nd property, and add its cashflow to the "additional payments" on you 1st (or have your 1st property's cashflow pushed into your 2nd .. whatever you like) * keep doing this up to your 15th (or in my spreadsheet's case, my 5th property)Some insights I've gained:* the snowball effect works!

As I have learned more about the Seattle market and how hard it is to get CF from long term rentals, I have leaned more towards vacation rentals.My wife and I have used VRBOs personally for many years and it is a great product.

It's a great product, and I recommend it to everyone.

I found the 70 Cash Flow Ideas by Jimmy Napier to be very excellent and full of ideas and tips.

It's the first factor in the economic concept of the factors of production; land, labor, capital and entrepreneurship.

Excellent!

Especially for a guru pitching his product.