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Updated over 9 years ago, 08/02/2015

Orlando Paz's profile image
Orlando Paz's profile image
Orlando Paz
  • Investor in the making
  • from Orlando, FL
  • Member since Sep 11, 2014
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201
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49
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Orlando Paz's profile image
Orlando Paz's profile image
Orlando Paz
  • Investor in the making
  • from Orlando, FL
  • Member since Sep 11, 2014
Connect
Orlando Paz
  • Investor in the making
  • Orlando, FL
49
Votes |
201
Posts
General Real Estate Investing

What is the breakdown of the 70% rule?

Orlando Paz
  • Investor in the making
  • Orlando, FL
Posted

I have been using the 70% rule, since learning about it on BP's free book. I've also heard of other percentages as well, but for now focus on only using 70%. My curiosity is on how this percentage came to be? is it comprised of agent fees, and other expenses? I'm just trying to get a deeper understanding of what this percentage means.

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