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14 July 2008 | 47 replies
The rule of thumb a lot of folks here use is expenses are 50% of rent.
8 August 2008 | 0 replies
One of my rules is that I do not want to invest in an area where my Property Manager would need to gun to be able to go into the neighborhood at night alone.
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15 October 2008 | 7 replies
I've been buying REOs in Detroit and Indianapolis to rehab, rent and hold, but the 4-5 Fannie Mae/Freddie Mac property rule has just about maxed me out.
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11 August 2008 | 2 replies
Welcome to BiggerPockets Alex.Here is a link to a very exhaustive thread that should answer most if not all of the questions you listed above.http://www.biggerpockets.com/forums/12/topics/19967-can-someone-please-explain-this-5-rule-to-me-?
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20 September 2008 | 13 replies
So, the RESPA rules and terms don't apply.
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14 August 2008 | 9 replies
You need to check your states laws on the rules of those LLC's.
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16 August 2008 | 5 replies
This is weird because most politicians made these rules about taxes and business.
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15 August 2008 | 10 replies
Does this extra tidbit change the rules?
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15 March 2009 | 14 replies
If you don't learn the rules to the game you will lose.97 percent of the population at the age of 65 will be eiter dead broke or still working.
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17 August 2008 | 10 replies
The rule of thumb from that other thread is that expenses run between 40 and 50% of rent.