All Forum Posts by: David Cohen

What I don't understand is if CapEx is 50% of rent, than how does that scale. I would think if you're renting a 4 bd SFR for $2000 a month in one area of town and a 4 bd SFR for $1000 a month in another area, the repairs would be similar and not more just because of the 50% rule. How is this wrong?

I'm a big online shopper and am always looking at property sites Redfin, Trulia and Zillow.  Are there better sites for searching for properties than the big three?  Especially for investors.

I just joined Bigger Pockets. I'm a buy and hold landlord with 6 properties in a middle class area of Atlanta. All are rented and rents are all $500 above PITI. So, though there's been some repairs, for the most part they all do okay in my book. Yet, only one met the 1% rule.

I like renting out Middle Class housing where their close to my house, most of the renters are easy to deal with and take good care of the homes. But it's soooo hard finding properties that fit in most of the calculations that I have found on Bigger Pockets.

I don't want to buy bad deals.  I don't want to have to go too far out for a deal. And I still want to grow my portfolio, so I'm not sure what to do.

David

I use financing, but I find that I use the cap rate formula to figure out what rent I'll need to get to make an investment worthwhile. It goes alongside my ROI formula, comps and inspection so that I can make an informed decision.