50% vs NOI in Commercial Listings

[Jesse Turner]

Greetings to all, 

My question is this: Does the 50% rule need to be applied to commercial listings, which state a NOI?Surely, a variety of scenarios exist but generally speaking, if a commercial listing has (accurately) stated the net, it does not make sense to me to deduct 50%

(I've been analyzing deals, bought the BP books and found the BRRRR strategy interesting so I've looked at residential, multi-family and also bigger projects and I'm open to all, if the math works.)

Best.

[Nick B.]

@Jesse Turner, throw 50% out of the window! Expenses do not depend on gross rents and vice versa. If half of your tenants move out, expenses will not get reduced in half. If you manage to double everyone's rent, your expenses won't double.