Rob Riv
Does the 50% rule change with more units?
Anyone know if the 50% rule changes with the number of units? I am looking at a rental pro forma for a 230 unit building and they are using 5% vacancy and 30% Operating Expenses & Reserves. They are also using ...
Maryann Weyhmiller
Condo hotels in Sunny Isles Miami
I'm a beginner investor and I am considering buying a condo hotel studio on the beach to rent out short term, airbnb, daily, to pay for itself but also so I could stay in when visiting my daughter. The property also ...
AC Cooley
How to come up with offer for 8-unit apt building
Hi,
I have found a motivated seller of a 8-unit apartment building. I am looking to wholesale it if we can come to terms. She told me the rents but she hasn't told me the expenses because she couldn't remember. She ...
Steve K.
Another Formula for Maximum Allowable Offer on Rental
Rich Dad had a free webinar on real estate investing. The speaker's name was Jason. In the webinar, he talked about a mathematical formula to calculate MAO from gross rental income. Like this.
(Yearly Gr...
Eagle Yeh
1% rule for Canadian Market: What's your opinion?
Hi BP Canadian community,I am researching my first property. I have been running analyses and looking at deals in Alberta and Ontario. I am mainly looking at SFR. There is one topic that truly puzzles me and I wonder ...
Brendan Lawrence
Will 1% Rule Be A Thing Of The Past?
Hey guys!I live out in Bend, Oregon where it’s hard to find a single family home under $300k....even under $400k can really limit you!Same thing with the cities like Salem, Eugene and Portland. Oregon is expensive!!My...
Russell W.
Chicago RTLO question
Hey everyone, so like a lot of people here on BP I live in my rental property as an owner-occupant. My question is in regards to the Chicago RTLO. It states that the ordinance covers:" Rental units with written or ora...
RICARDO RUIZ
50% EXPENSE RULE
Where does this rule come from ? Is there data supporting it ? I have couple friends with rental and they completely disagree with 50% expense rule..They believe its expenses are much less that 50% of one months rent....
Sophia Berry
Should I go Conventional or Hard money to build personal home
Good Afternoon,I am currently building homes as an investor using HELOC's I have acquired. Because the market is great I plan to sell my personal home and wanted to build another home for myself. I don't want to use m...
Connor Bailey
Tar Down / New Build Wholesale Fees
I have found a great wholesale opportunity for a tear down and am not sure what fees to add to my numbers. Rehab fees just use the 70% rule. Is there a specific rule for new builds?