
7 April 2024 | 33 replies
If yes, that is ok, however, if you wish to multiply your investment and for that matter, multiply your income down the road, then I would recommend you purchase multiple properties.

5 April 2017 | 65 replies
At first my goal was just to flip 4 houses a year to make an additional 40k a year and then I went to a training with Robert Sheman and he talked about making a quantum goal (taking your goal and multiplying it exponentially).

6 January 2020 | 16 replies
Take that down payment number, multiply it by the price of the home found in step 26.

4 November 2020 | 111 replies
Reviewing the policy it looks like the premium is set to ~600 for both houses, but I can't get the bill we got to square with that if I multiply by 12, 4, or 2.

16 April 2022 | 69 replies
The CF that you receive from the rent is your money.I have a scenario for you to run: 1 - Take the CF you are going to use to pay down the debt and add up all the payments over the years you make those payments until the loan is paid off.2 - Add that number to the down payment you would make.3 - That's what you paid for the property.4 - Now, take your new CF for a year without debt.5 - Divide the your total cost (see Step #3) by the number from Step #4.6 - That's how long it will take to break even...and how long it takes before you start to make a profit.7 - Take the total Cash Flow for a year with debt8 - Now, Take your DP (Step #2), and divide that number by the number you got in Step #7.9 - That's how long it will take you to break even without making the extra payments to pay off the debt....and, when you start making a profit.10 - Subtract the number of years to break even with debt (Step #9) from the number of years to break even without debt (Step #6)11 - Multiply the number you got in Step #10 by the CF/year with debt from Step #7.12 - That's how much profit you make by not paying off the debt while the option to payoff the debt is still waiting to break even.13 - Multiply the CF/Year from the option of paying off the debt x the number of years remaining to payoff the debt.14 - This is the profit you would have made by paying off the debt over the same period of time it would have taken to pay off the debt without making any extra payments.15 - Multiply the CF/Year from the option of NOT paying off the debt by the remaining years for the debt...and add that number to the profit made in step #12.16 - This is the total profit you would have made by not paying down the debt.17 - Compare the two.18 - Take the CF/Year you are making with debt, and invest it in another CF property.19 - Add the CF/Year from the new property (Step #18), multiply it by the number of years from the purchase of this new property to the end of the debt on the original property, and add that to the number you got in Step #16.20 - That is the total CF you would have made by not using the CF to paydown the debt on the original property, and instead invested in a 2nd property.21 - How many new properties could you buy from the CF, that would increase your total CF/year, and thus the total CF over the course of the term/years of the original property?

23 June 2019 | 131 replies
I would make a spreadsheet (you should’ve already been tracking this but Incase you weren’t) list each line item with a column for material and a column for labor multiplier.

27 April 2022 | 6 replies
Holding Costs are calculated by multiplying your Monthly Holding Costs x Flip Holding PeriodTypical Monthly Holding CostsHere's a list of typical Holding Costs and average amounts that you will likely have on your rehab projects.Property Taxes - Property taxes will vary depending on your local property tax rates.
20 June 2023 | 81 replies
Actually those who are innovators and leaders benefited from all the other people's misery and misfortune, and multiplied their portfolios for pennies on the Dollar.Putting it another way: You can eat at McDonald's everyday and receive a very predictable but also unhealthy and lame meal.

19 November 2023 | 13 replies
@Corey Hassan I can't speak for all of SC, but here in Horry County (home of Myrtle Beach and North Myrtle Beach) a quick way to estimate your annual property tax bill on a second home or investment property is to take the purchase price and multiply by .0133.
22 January 2024 | 96 replies
.- And i guess as a bonus, if you had this cash, what would you do to exponentially multiply it over a 100+ year period?