Then multiply that by the many other deals he is doing and that is quite a bit of good for the community.

@Denny Le You take the ARV(after repaired value) which you determine based on comps pulled for you by your real estate agent, and multiply by 70%.

Force appreciation in the area and up the quality of tenants, and corresponding rents, at the same time.200k with various start ups for a shot at multiply millions.300k to hard money lending.

I'm also fairly new at this(just closed on my first duplex- working through my second duplex and house deal right now).I'm probably repeating many others, but:leveraging (using the banks money)- will multiply your gains-leveraging is a huge risk(what is your goal/risk tolerance?)

Leverage multiplies the return on equity.

I think it may be a little much to ask an agent to run financial calculations on a property, but maybe you can give a simple rough calculation for him, like a gross rent multiplier ceiling ("I don't want to buy anything that has more than a 8 GRM" or whatever your limit is).

I'm only getting a cashflow of $75 a month.It's a rent multiplier of 8 which is fine, but the taxes are killer.

If I could pay them back the $110,000 and still clear a minimum net profit of $15,000 for myself, I would go forth and multiply regardless of the interest rate terms.  

Multiply that by 30 properties and you have $9k per month.  

Looking for my next property now but have learned a way to multiply monthly income by creating sober living homes.