Well again as I stated earlier values in multifamily are based on that net revenue in this game people pay and pay handsomely for cash flow for returns also known as cap rates.

Welcome to the Big Fat Real Estate Checks Podcast with Marco Kuzlowski, where we help investors

like you get the knowledge and skills you need to replace your

J-O-B with passive cash flow for life.

Welcome back.

Of course, I'm Marko Kaclowski and today we're going to be discussing how to quickly calculate values on residential and multifamily properties.

Of course, without a value, we're traveling west in search of a sunrise. We really need to figure out values quickly

for a few reasons other than of course the obvious of knowing exactly what we're

buying and how much we should be buying it for because the secret to making money in this

business is to buy it for the right price. And of course we need to know what our budget is going to be

based on the values of the property with these asset-based lenders to take it down.

We need to know that we can come up with the right number so we don't need any money out of our pocket

in order to buy whatever we're looking to buy to make great cash flow.

I've covered this in other episodes.

Please make sure to go back to my past episodes if you haven't yet.

It will really help you understand a lot of the material I'm going to be covering in the next few episodes,

and it's much more fun listening and learning this stuff when you aren't going,

I don't understand. All right, so a quick lesson on values. First, residential. What is a residential property?

Well, of course, a residential property is anything up to four units one two three four so single

family duplex triplex and quads are all considered residential now quick

comment on single families I don't do a lot of single family homes anymore. It's one mortgage, one tenant, and it's quite risky.

With one mortgage, one tenant, if they bail, you can't pay for it and you're kind of screwed.

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