Half of your expenses will go right out the door in insurance, property tax, maintenance, eviction costs, legal fees, entity structuring, advertising, accountant fees, etc. etc. etc.

So using the 50% rule I will have to rent this house for an additional 1000 so to be half of the monthly rent to cover expenses.

That is plenty of time to work two full time jobs and still have over half of the week left.

With that being said even if half of the tenants needed to be evicted, you could do so at a rate that won't leave you holding the bag.

They focus on the headline numbers and assume sharing half the profit has to be cheaper.Like all of us knowing what you are good at and contracting out the balance seems to be the key.John Corey

If you think I'm wrong, turn on the TV for half an hour and see how many ads there are by these scumbag contingency lawyers.

It needed to be gutted to the studs on half the house and the roof needed replacing.

The lien + my lawyers estimations of fees, and the tax bill are still less than half the property's value.I need to get in front of this guy ASAP, and see if I can't work it out with him before saturday.

hello everyone by name is James I own three properties in southern California but I would like to get into the investment part of real estate far as rehab property wholesale property lease option and the other areas of investing .I have background of a handyman with plenty of experience in the home repair and remodeling .need to know from step one half to get involved in this serious part of real estate investing .my intentions is to locate property repair and fix it up myself put it up under contract or lease option or just flipped it need to know how to get started from step one .thank you very much for your time looking forward to hear from you soon .James

I've been in construction half of my life but now work in a factory and am looking to get out of there.