Hey!Does the 50% rule include taxes? Also, how are the taxes on multifamily properties made? As a regular LLC annually, quarterly, monthly?
Does the 50% "rule" have a sliding scale? Obviously an older property will require more repair and maintenance than a newer one would. Is it fair to assume for older properties I had better budget 50% of monthly incom...
I understand how the 50% rule is a useful tool in quickly screening through deals. My question is how do you apply the 50% rule to the property as a going concern? What I mean is, are investors paying their expenses a...
I am having a bit of trouble finding much relevance for applying the 50% Rule to SFH...especially if the property is rehabbed with very little chance there will be maintenance costs...and if the tenant pays utilities....
Hi everyone! I'm new to real estate investing/BiggerPockets, and I'm excited to have found such a great resource and community. In reading the Beginner's Guide, the 2% and 50% rules have me pretty concerned about...
I'm looking to purchase a townhome in Mesa, AZ (85205) for my personal residence for a year or two then moving out to a bigger home in order to rent the townhome out. I'll be using the VA loan so it will be no money d...
I've read a lot of negative things about buying condos for rental. But even though you would pay somewhere between $200-$400 in monthly maintenance fees for the unit, isn't that offset somewhat by the fact that you wo...
Hey Everyone, I have been looking at several duplexes over the last month and have a question about the 50% rule and location. I won't bore everyone with the calculations, but after my mortgage and the 50% rule, I am ...
Read about the most helpful tip thread on the BP success stories forum. Many users were specifically mentioning BP's 50% rule for income properties. I did some searching around but was not able to specifically define ...
The 50% rule (or guideline) says you should not exceed 50% of your gross income in debt service.I.e. Principle and interest payment every month. Example, your gross rental income for the month is $1,000.00.Therefore y...