Budget for 5%-10% CapEx — not based off percentage — calculate how much the item would cost to replace and how long it has until it needs it then do the math — (roof, water heater, appliances, driveway, HVAC, flooring, plumbing, windows, paint, cabinets/counters, structure, components- garage door…, landscaping) Closing costs — around 1.5% property value RehabDetermining Cash FlowJust subtract income- expensesCoCROI (cash on cash return)Total Annual Cash Flow / Total InvestedRule of Thumbs General guidelines and not strictly accurateThe 50% Rule A rental property’s expenses tend to be about 50% of the income, excluding the mortgage P&I CashFlow = (total income x 0.5) - Mortgage P&I Helps just to quickly screen a property for further researchThe 2% Rule The ratio between rental income and purchase price Property’s monthly income must = 2% of the purchase price or greater The percentage varies on the areaCh. 6Investing While living in an Expensive AreaSunday,September 8, 20199:21PMAre you looking for homes on sale?

Auburn is considered Cincinnati's first suburb once occupied by the social elite who wanted to escape the crowded conditions of the lower city most notably President William Howard Taft.My Mt.

You can create a commission split system where you provide leads, marketing, social media, transaction coordination, and support to the team agents in exchange for part of their commissions on leads you provide. 

Save your time and money on inspecting the apartments and ensure the building structure and larger components such as boilers, AC systems etc are in good shape. 

It is important because there are some manufactured (aka "modular") homes that are built in factories, then carried to the site as components/modules and assembled on site. 

@Noah BrinkerIt all helps; proper domain name, back-linking, properly tagging, social media, unique content.

@Ryan Johnson -- for house we buy and re-sell (we are not assigning contracts) here is everything we doing to market as a FSBO.Offline•Call real estate investors from your database •Find & Call new real estate investors•Local REIAs•Newspaper classified Ad (especially rural areas)•Mail to target list• Real estate agent with buyers (offer buyer commission)•Follow upOnline•Your Website•Zillow / Trulia (FSBO)•Craigslist•Facebook Marketplace•Post on your social media accounts•Join and post to REI groups and house for sale groups•Email real estate investors from your database •Find & Email new real estate investors•Post on REI forms (BiggerPockets)•Follow up

You can break this down into the various components if you like, but a buyer isn't going to care about your estimates. 

Call your friends, and family to let them know you are in real estate and use social media to market!

You bring those missing components to the table and break out the cash flow and equity.