That's what a forum is about and so far you are being very elusive.I understand your 50% rule of thumb completely, I just do not think it is accurate for all investments and I make a personal choice to use other calculations.I have said on numerous occassions that the 50% rule is simply a way of stating that the operating expenses in the United States for residential rentals run (average) 45% to 50% per year over time.

The objective of the revision is to enable HUD to promote and facilitate the restoration and preservation of the Nation's existing housing stock.

After reading numerous posts here i have a few thoughts to share.1.

When they moved out, there were over two dozen cigarette burns, and numerous dark stains.

I've seen numerous examples where various folks try to make a bad deal look better by throwing in long term appreciation.

I've had numerous wholesalers pass out "property request" sheets that ask about price range, location, and buying criteria.

Numerous bank errors resulted in enormous windfalls.

Hello, I used to be a wholesale Account Rep for a mortgage bank, but since being laid off numerous times in the last 2 years I have decided to go back to retail mortgage banking and investing in real estate.

A couple of questions.....1) Do I state up front that I am simply facilitating the transaction for the seller?

We consistently receive 50-60% discounts from banks and have helped numerous homeowners get back on their feet.