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Updated over 7 years ago,
50% Rule - Quick question
Hi - For 1st pass analysis on 2-4 units when estimating expenses and the 50% rule. Does 50% typically account for EVERYTHING? Taxes, Insurance, Utilities, Repairs....we will leave management fee out of the calculations for now.
Normally for these properties, I am finding that only taxes are provided. This is for first pass only. If the numbers are close, I would do further analysis and estimate actual expenses.
Thoughts? (and thank you).
S