Hello everyone!So I am brand new, and basically have no idea what I'm doing. So, I decided to at least start with the free course bigger pockets offers. Love it , so far! However, I do not understand the 50% rule. May...
guys I'm a little confused with the 50% for exemple on this deal according to the 50% rule what'd be the cash flow price 410,000 Principal & Int.$1,468Taxes + HOA dues. $384Homeowners Ins $70Income 5000 I know ...
When saying that 50% of the monthly rent will go to expenses over time, does that also build in the cushion that should be set aside for major repairs down the road. Thanks.
As far as the "50% Rule" goes.
When you evaluate a property and you say 50% of the monthly gross rents should be figured for expenses prior to servicing any debt, does this vary much if you are going with new constru...
Just want to make sure I understand the 50% rule correctly...this includes all expenses (maintenance, repairs, vacancy, insurance, taxes, CapEx, management) except for mortgage payments??Example: purchase price = 199...
Hello, I know this has been mentioned many times on these forums, but I am still a bit confused, and was wondering if someone could help run numbers on a couple of scenarios.
Scenario #1- House is vacant, potential...
Hello, I have been looking at a number of duplex/triplex properties recently. I have found it very difficult to find properties following the 1% rule in southern Ontario where I am based out of. I have however been ab...
When we build new homes or do a major renovation to an existing structure in the city of philadelphia, we are able to get a ten year tax abatement. I am trying to figure out how much of that 50% goes towards taxes fo...
I recently read Brandon Turners book on Rental Property Investing. I talked about the 2% (rents should be 2% of sale price) rule and 50% (rents should be multiplied by 0.5 - principal and interest if mortgage) rule. W...
Disclaimer... New Investor, purchased my first duplex this past Sept. Now to my question:I understand the 50% rule and the 1% / 2% rule, what amount to you apply the rule? For example if you purchase a property for...