Hello BP FamilyIn order to get a better understanding of analyzing buy-hold deals (SFR and Mult-Family), I am going into the MLS and looking up CLOSED properties and running the numbers that were provided by the listi...
I have heard several (if not many) of the BP podcast guests say they use the MLS to find good deals. I look on the MLS almost every day, and the 50/50 & 2% rules absolutely do not apply. In my town real estate pri...
As an REI that primarily buys in cash, would my opportunities be taken seriously if I used and commuicated my 30%-Rule assumption?I am looking at wholesaling some properties in a highly desireable area. However, when...
last year I bought a 3b2.5ba 1/2 duplex for 100k. I had it rented for $960 within a couple weeks of closing, and did nothing but clean the place. When it rents again I could get $1000, I'm close to the 1% rule. $1100 ...
USED AS A GUIDE NOT A RULE50% of gross income = NOI right?
I'm currently crunching the numbers for properties in my area. I wanted to make sure I was on the right track. So for a single family home the value is $80k. The Principal and Interest for the mortgage is $292/month. ...
While reading the Ultimate Beginners Guide I was introduced to the 50% Rule and the 70% Rule, and the 1% Rule I have heard was bumped up to 2%. I like the 70% Rule as a good guide to make sure you are getting a good d...
I guess my question is how accurate do you find the 50% expense rule?
If you gross rents are $2500, a margin of error of 10% on your expenses would result in a $125 difference in cash flow. This might result accepti...
Just curious if the 50% rule is accurate for single family residences or is that more a rule of thumb for multifamily properties? Does anyone who invests in single family residences out of their area, like a different...
I'm curious to see if anyone has any feedback for me. Is it appropriate to place the same 50% rule on a property that you purchased for 100k that rents for $1000 vs a property that you purchase for 200k that might ren...