I have seen hotels, dude ranches, more outdoor hospitality for sale, and from my research it is more like buying a business but rather than SDE or EBITDA the multiplier goes against Gross Revenue.

So ask yourself: is real estate really where the cash flow comes from, or is it where wealth gets multiplied?

  $600k/$135k= 4.44 multiplier; $3,446k/$600k= 5.74 multiplier. 

Smart locks such as Schlage Encode are definitely more expensive than keypad non smart locks, and when you multiply that by 20 locks it adds up.   

Reserves are all the bills on the mortgage report, plus rents paid multiplied by 12 or 24 months.

It’s about building real relationships and having candid conversations with people who’ve weathered the cycles, made the mistakes, and stayed in the game long enough to learn what actually works.Whether you’re just getting started or managing a growing portfolio, the value of your network is your multiplier.

So you'd be multiplying $20, 000 by 20% to get $4,000.

A 16 multiplier. 

Here are a few steps and resources to get you started:**Learn the Basics:**Understand terms like Cap Rate, Net Operating Income (NOI), Cash-on-Cash Return, and Gross Rent Multiplier (GRM).Familiarize yourself with the local real estate market to gauge property values and rental rates.

The $347,000 is the total depreciation expense resulting from the cost segregation study performed on the $1.7M building, not the actual net tax benefit received which is calculated by multiplying the total depreciation expense of $347,000 by the taxpayer's income tax rate (e.g., $347,000 × .37 = $128,390).