With these two figures, you can arrive at your MAO using the 70% rule (or any of the other % numbers).

This gives a good idea of what your gross margin is on your rental income prior to hitting your numbers with the below operating costs- operating costs for after rehabbed A class repositioned building and adjust accordingly from your current operating expenses - do the same adjustments for income when comparing A class rental apartment buildings after you've raised your rentsAt the end of the day when your done with these adjustments you can figure out what your adjusted NOI will be and then adjust your cap rates as well to get them near what A Class buildings sell at currently.adjusted NOI/ adjusted cap rate = projected value If you want to be conservative have your local bank run his Cap rate and underwriting rates through the projection and this will give you an idea of what the banks value will be and if you're off or not.You can then ask your local brokers to see at what cap they think your building will sell at and adjust your cap rate accordingly to arrive at a more and more accurate valuation.If the total all in costs of 800k acquisition price and 560k rehab is at 70-75% of the projected value you can probably jump for joy because after obtaining this financial performance for 6-12 months of stabilized rents you can probably cash out the entire 1.356M and generate an infinite return as you will have all your original capital back and perhaps even beyond what you initially contributed...Hope that helps.

Burnout happens as surely as night follows day and when that point arrives, or hopefully before that point arrives the founder has to decide whether to grow the business enough to support bringing on other people to reduce their workload or allow the business to whither to the point where the founder can still handle the volume of work post-burnout.

A free and clear ocean front property in Hawaii where we've had record breaking visitor arrivals and spending, should be killing it.

I literally on Friday had a tenant suggest we buy her a new hot water tank b/c the warranty item on the H2O tank will not arrive until Friday.  

How did you arrive at that number?

How did you arrive at these numbers?

Once you leave Fort Myers heading south you would arrive in a sterile, will need a Springs, and then Naples.

My card is pretty dogeared and bent, but it reminds me often how I arrived where I am.

I will look into it when I arrive in Fl.Does anybody know of good private/hard money lenders in Fl?