Hi - newbie here trying to understand how some of the shorthand rules apply in a SFH BRRR and can't quite make sense of them. Let's use a basic example:
Cash Purchase a home for $70,000 + $10,000 Rehab and ARV is $11...
Im looking at a new construction Duplex unit, will take 6 months to build.In all the reading and research the 50% rule for all expenses to me seems high for new constrcution.I'm assuming Expense will be Taxes, Repair...
I understand the 50% rule and have used a variant of it before becoming a member here.
However, my question goes to the next level... What is the appropriate valuation method of a property that needs some rehab work...
4 years ago I relocated my family for career purposes. We made the decision to rent the house we own in South Caroline. instead of selling. We current rent in Georgia and would like to officially begin investing in r...
I understand this rule and why I must use it. BUT, is there any other criteria that should be consider? Do I ever go down to 1.75% or say (rent x 55) for example? OR is this the 2% the minimal I should ever use.
A...
There has been a ton of discussions and controversies regarding the 50% rule. In case you have been on the planet Jupiter the last few years, the 50% rule (a rule of thumb or quick analysis tool) states that "operatin...
I don't want to debate if the 50% rule in this thread. I want to talk about the assumptions and categories to see how a landlord can be a lowest cost producer/efficient entrepreneurs.
I know it varies from state t...
I am trying and trying to subsribe to the 50 % rule but am unable to do so. I live in a small town most of the year and the Black Hills arent hit as much as the rest of the nation. Houses listed here arent selling l...
Saw this in the Groups section. Not sure what this is. Any explanation would be much appreciated.
Thanks
Can anyone give me an example of the rule in numbers....
I need visual.....thank you
Is the rule use for purchasing your own rental properties or would it also be for resaleing the property to someone else..
Please...