Research the terms gross income, net operating income, gross rent multiplier, and capitalization rate.

Couple things regarding the 'income statement' of a rental property:Revenue - vacancy = Gross Operating IncomeGOI - all expenses except debt = NOINOTE: NOI is a key benchmark by which ppties are judged, especially multi-fam cash-flow ppties.

Mine is pretty simple, one property per tab, one summary tab that pulls all info for each individual property into one page as well as a mortgage calculator that also shows me gross and net profit on a potential property taking into account PITI, HOA...

Am I a sole proprietorship, or do I have partners and/or employees.

Most that I know have been investor for some time or they had really inexpensive lifestyles prior (under $1,000 a month gross).Terry Vaughan will say that you need to do deals that provide lump sums of money and deals that are for the long term.

In the real world, operating expenses run 45% to 50% of gross rents.

As you probably know, there was an old myth that if you could find a property that had gross rents of 1% of the purchase price, it could be a good deal.

An average day for me is 10-12 hours of WORK.I now earn over 6 figures on any given year.This year looks great as well.You expressed a desire not to work.And played the victim card as your introduction.Change you life.Change your attitude.And realize nothin is going to be given/handed to you.Earn your station in life.I am so sick of the people who think they are owed somthing lol.So in short change everything about who you are and you may amount to more than a drive through fast food employee.

To figure the cap rate, you take the gross rents plus any miscellaneous income (laundry, coke machines, etc.) and subtract ALL expenses except for the debt service (the mortgage payment).

The center will bring together about 65 employees from other sites.