Dulce Beltran
70% Rule: Does it Apply in Costly Markets
Hello BP community, I live and Sell Homes in San Diego CA. I stumbled upon this property, SOLD for $609,000 needed flooring, paint, kitchen and bathrooms (flipper refinished cabinets) then sold it for $709,000 two mon...
Michael Figueroa
Does the 70% Rule still apply in California?
Hello everybody! I am a brand new real estate investor in Los Angeles and SF Bay and my question is does the 70% Rule still apply in today's market. If not what is the formula that is more applicable these days that y...
Sam Byrd
SF rental rates in 2022 (1% rule apply?)
I purchased a new home in 2020 and started renting out my old home. It's in a nice neighborhood and we used the 1% rule. However over the last 2 years the appraise value of the home has risen from $250000 to $380000. ...
Pradeep Tiwari
Is 50 percent rule applies to all properties?
hi, Being a newbie I've question about this rule.does it applies to all type of properties say new properties might not need that much money for maintenance. Or say a condo HOA might cover some cost ? could you please...
Hai Le
Do "the rules" REI even apply in California
Newbie here practicing analyzing some properties in socal, particularly Inland Empire). I'm trying to implement the percent rules (2%, 70%, and 50%) but not even coming close with the property values. What percentages...
Account Closed
Help analyzing a quad, 50% rule still applies?
Hello all, need help seeing what I'm missing. I'm a loooong time reader/watcher and first time having a seemingly perfect opportunity fall into my own back yard/ neighborhood. Been looking for a tri / quad forever in ...
Michael Dunn
1 year O.O. rule apply to Renting as
it does to when you can sell your house ? I'm getting ready to purchase my furst property , with the intention of Renting the property and cash flowing the differnce between my PITI monthly payment and what I can ren...
Kris Benson
Does the 50% Rule Apply for New Construction?
BP Team,
We are doing the underwriting on a development project where we hope to build 2 new 8 unit buildings with Class A apartment housing.
My question is what has your experience is with the "50% Rul...
Peter Fokas
50% rule apply if real estate taxes high?
In Northern NJ the real estate taxes are quite high so was wondering if the 50% rule makes sense in this case or should we separate out the real estate taxes separately when doing analysis? For example saw a 3 family...
Josh Dane
Does the 50% Rule Apply to Section 8
I have learned a ton on this website, including the 50% rule regarding expenses (not including P&I). Look at gross rents (for example, $1,000 a month), and expect $500 in operating expenses. Now my question is, d...