Huge markup.Most people choose to do things the easy way.

With all the resources available today to research and learn about the industry, I’m surprised this “easy money” mindset persists.To me, real estate is far from passive or simple.

The 1% rule is best only used as a quick and dirty evaluation used to pick which property you plan on running additonal calculations on.

For short-term rentals (STRs), the 100-hour rule may be an easier path.

Quote from @Sherylyn Holden: I posted awhile back about the new short term rental rules in San Antonio here: https://www.biggerpockets.com/forums/530/topics/1200417-new-...Wanted to share a brief update on my experience and some other helpful notes:The city is getting serious about these rules.

Or maybe a favorite way to stay updated on local rules?

The 50% rule - in my opinion- is used solely as a quick back of napkin calculation to determine if it is worthwhile to do more investigating of a property. 

The FCC rules are here: https://www.fcc.gov/sites/defa... 

Do you guys still apply that rule? 

Hey Y'all!My name is Zapa, and I am born and raised in good ole Kentucky! Right now, I am an aspiring real estate agent specializing in investment properties while also in the process of developing an app!I am looking...