
31 May 2019 | 0 replies
After all said and done I'd be profiting about $500 including all fees from a property manager and applying the 50 percent rule.
31 May 2019 | 5 replies
Easiest way to understand this I believe is you want 1% rule on your assumed REFI.

2 August 2018 | 2 replies
I understand the logic behind why people just deduct them as overhead, but technical rules prevent doing so.

24 August 2018 | 8 replies
I actually found a property with rent about 1.4% rents, well above the 1% rule and looked at 2 or 3 other properties sitting right at 1%.Caleb

2 August 2018 | 4 replies
It doesn't meet all the "rules", so I'm not sure.

4 August 2018 | 19 replies
The next thing you want to do is check on the rules for str's in Daytona.

3 August 2018 | 0 replies
For instance, in my report I see:* 1.07% 2% rule --> Why 1.07?
6 August 2018 | 6 replies
I think a good rule of thumb starting out is 3 months of expenses in the bank, but eventually you will want to save more (maybe 6 months?).

3 August 2018 | 1 reply
(Because the rule is that you have to have lived in it for 2 of the 5 years immediately prior to the sale.)

18 August 2018 | 1 reply
Use the 50% rule to account for expenses outside of P&I as a barometer for your other expenses.