All Forum Posts by: Yasmani Delgado

I don't know if you send out reminders, but count me in next time you guys have an event.

@Garrett White check out this video.  I think it does a good job explaining the rule. 

https://www.biggerpockets.com/renewsblog/2013/06/14/50-percent-rule/

I agree 100% with you @jeff kehl. Very good points. Thank you for your input 

that makes sense now @Todd Dexheimer thank you for clearing that up.  That rule is used for larger, 10+ unit, multi-family.

@Nicole Heasley Beitenman 

Let me give you the reason for my question. I currently own a duplex that has proven to be a great investment; yet, it doesn’t hold up to the 50% rule. However, like @Todd Dexheimer mentioned, this all dependents on your market.  My market is Miami Florida. Here are the numbers, so you can see what I mean.

The numbers are the following:

If I were to use the 50% rule I would have discarded the property.  However I get a very nice cash flow on top of that the property appraised for 475k a few months ago.  That's over 30% capital appreciation.  My point is that perhabs the 50% rule is a good rule of thumb, but in my opinion it cant be a deal breaker.

What are your thoughts?

that's a good point @Todd Dexheimer 

thank you for your insight

@Jason Brown 

I'm in your same shoes.  I just got through refinancing a duplex that I own and I have some cash to invest, but not enough to tackle a big project on my own.  Let me know if you would be interested in possibly partnering up.  We seem to want similar properties (multi-family) and have similar strategies (buy and hold).  I live in Westchester (Miami).

Thank you for your input. I see you're interested in multi family just like me. If you ever find a good deal let me know. I would love to partner up.

So, as long as the bottom line is a positive result  (grater than zero) the deal is good?

I hope so too my friend. Thank you!