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Updated about 6 years ago,

User Stats

61
Posts
9
Votes
Louis Van Der Westhuizen
  • New to Real Estate
  • 92656
9
Votes |
61
Posts

Applying the 70% rule to a specific market

Louis Van Der Westhuizen
  • New to Real Estate
  • 92656
Posted

Hello BP 

I'm new to REI and curious about the application of the 70% Rule. From what I've read, the model cannot be applied universally to all situations, markets or exit strategies. So what circumstances should I consider when using the rule? Is it more suitable to sellers market, expensive markets, certain price points! Using LA vs Memphis for example, which market would be closer to the 70% rule?

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