Run the math it ain't happening.

I’ve picked up a couple in the Denver metro but the math isn’t fantastic.  

There isn't a conspiracy theory, it's just the math... yup, this is how all fixed rate fully amortizing loans work.

Without more info about what exactly you are trying to accomplish or what specifically this mentor can do for you, $5k is most likely too much to pay at this stage of the market cycle.Learning how to do the math to calculate (70% minus repairs) your MAO is completely detached from and not relevant to actually being able to convince a seller to sell for 60%ish of market value.  

Do the math and see the effects that holding the house creates.

Hopefully I do the math right the first time around lol.

Hi everyone, i am looking for my first investment, i can say that i have now a lot of theoretical knowledge but i need to take action now. this is what i am doing : analyzing deals in the US. i am surprised to see some nice multifamily ads on loopnet with good caprate ( around 11%) for small residential buildings ( around 10 units), with all units that were renovated with private boilers, meters.... and when i do my maths, on the paper everything looks great with ROI AT MORE THAT 15% using conservative 50% rule.Then obviously the current owner is taking his profit because he did exactly what needs to be done to increase value (i guess he reads biggerpockets forums).

The math seems to work out well and it seems like I may be missing something.

Then you have to do the math the depreciation, appreciation, and your tenants payments toward the loan principal.

I would like to educate myself a bit more and then - if you would be open to conversation (in which I have done enough homework to ask informed questions) I would be most appreciative.