Well you can use the 2% rule, or Lindahls Yearly Gross Income divide by 2 then multiply by 10, if you know the area really well you can use GRM * Yearly Gross Income or a Cap Rate Valuation.

You'll have to find the Georgia real estate tax lien statutes and read them to find the rules.

My rule; if you are that forthcoming, you are a terrific risk ... it is the ones that hide the truth that are the problems.If I do meet with a prospect face to face, I pay close attention to how new the automobile is, the jewelry, the toys, i.e. cell phone, and the clothes - are they designer clothes.NOTE: I once read more than 50 percent of people making less than poverty level wages own a smart phone.

I think if you check the Texas laws, rules, and code of ethics, you will find your thoughts are illegal for the real estate agent to take a bribe or disclose seller information without the seller’s permission.

To add to what Karen correctly mentions, there are many new Federal laws, including those created by the Dodd Frank and S.A.F.E.You will not sleep at night once you begin to realize all the pitfalls, rules, and regulations.

Cloud, MN.5 months on the market with the top rated realty company in the area.Struggling to sell at $124,900 after starting at $129,900. 10 showings, no offers.I was looking at renting this place out (since I already have 1 rental property) & waiting for the market to continue it's rebound.But the 50% rule is scaring me off now, as the house barely cash-flows when only considering PITI and PropMgt. $1100/mth income vs. $940/mth outgo.Am I overlooking viable options for moving this property?

@Karen Margrave Actually a federal appeals court in California ruled that taking pictures of people through their windows is legal as long as your not standing on their property.

I'm still trying to get a better understanding of what are basic rules and which can vary depending on policies, location, etc.

Just a good rule of thumb).As for whether that's worth it for the deal, that's really up to the buyer, but a 2006 National Association of Home Builder's report says that it averages about 11.5% of the value of the home.

Meaning, the simple rule of supply and demand is not justified correctly?