The 50% rule states that approximately 50% of EGI will typically be consumed by operating expenses.While the 50% rule provides a quick estimate, actual expenses can vary widely depending on the property type, location, age, condition, tenant mix, and market conditions.Here's an example: if a property generates $200,000 in EGI per year, the 50% rule suggests $100,000 would go towards operating expenses like taxes, insurance, utilities, and property management.

I'm happy to share data and market insights in the Tahoe Reno, NV area. 

I wanted to see how the DFW market is doing because I feel like it has fallen off a bit from a couple years ago. 

That money is much better spent on marketing for your first deal.

“Driving for dollars” is not a viable strategy; the people successful at wholesaling spend $10,000 + monthly on marketing 5. 

They will handle all aspects of renting out your second home.Long-Term Rentals (LTR): The management firm can find long-term tenants for your property, screen potential renters, handle lease agreements, and manage any issues that arise during the tenancy.Seasonal or Short-Term Rentals: If you prefer to rent out your property on a seasonal or short-term basis, the management firm can handle marketing, bookings, check-ins, check-outs, and cleaning between guests.

But each one of our plat we are prosecuting in that market is getting 6 to 10 offers on it from these top end new home builders..  

And selling it will be challenging as well as the 55+ condo market is flooded here in South FL.

We actually keep marketing a property and accepting back up applicants until a property is actually occupied.

It turns out that coordinating engineers, marketing and sales to launch a software product is not crazy different from coordinating vendors and subs to "launch" a construction project.I will disagree with everyone who says that hiring subs yourself puts you at a pricing disadvantage vs. prices GCs get.