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All Forum Posts by: Tom Goans

Tom Goans has started 30 posts and replied 951 times.

Buying & Selling Real Estate

Post: First Investment question

Tom GoansPosted
  • Real Estate Investor
  • Englewood, CO
  • Posts 988
  • Votes 258

When considering rental property, as a rule of thumb, I always deduct 40 percent from the potential gross rental income - 20 percent for maintenance and repairs and 20 percent for vacancies. If the numbers still work, then I drill down the numbers further. One thing many overlook is your personal time as a factor in the Return on Investment equation. Compare the ROI to other investments, such as buying cash flows.

0 Votes