Pretty basic question: what is the best way to model appreciation gains in a long-term multifamily analysis if multifamily values are based on NOI and cap rate? 

Start small to gain experience.  

I joined BP to gain as much knowledge as I can about real estate investing. 

The 30-60k profit would have had significantly less long term value than preserving the gains, along with getting principle pay down, cash flow and also slowly build up more annuities.

Also be aware of the tax implications (tax owed on gains if you sell, depreciation's impact sheltering your income if you hold, and the impact of interest expense deduction if you take out loans).If my sister asked me this question, I would recommend taking a mortgage on the current property now, then taking time to find an additional property to buy.

Its not to say it has not been a success, however, I do not think it has been excellent, their has to be more and better portfolio lenders that someone on BP can define.Please share your experiences and gain better insight into the deeper operations of the elders denied, by triangulating as much data and information the BO community has.

Hi Senad,     I'm glad you're gaining as much knowledge as possible about RE.

Am interested in taking whatever profits gained from this endeavor and purchasing a mobile home park.  

Keep in mind you capital gains from the sale of your home.

Hello, my name is Michael Kuhn.After going thru a Lifetime of bad experiences, suffering, & challenges over the last 8 years, we are starting a new venture to help us make decent money and gain back control over our Lives: Real Estate.