The BP folks are saying 70% for a deal after repairs, but at the higher end, does this math still hold? Knocking off such a large amount of cash seems almost unrealistic, but I believe the guidance comes from the fact...
Hello All, longtime reader first time poster ha ha.....My question is this, does the 1 or 2% rule apply here in the Seattle area? I dont see how it could, please read on. So this past spring I had an epiphany and ...
Hello BPers, long time reader, first time post-er :)
We are trying to refine our analysis and are getting a little confused.
Example:
Purchase Price $80,000
Rehab $40,000 (not seeing bids this low in reality...)
...
I am thinking of looking for a duplex in Drexel Hill area in Philadelphia with my husband, rent the other one out hopefully. Should the #s work like an investment property? How does 1%rule apply to duplexes?
I am looking at Class C SFR. In general, properties are 40-45K with $700/month rent. Applying the 1.5%+ and 50% rule makes the numbers work, but my question is does the 50% rule apply to this profile of property? Any ...
Does the 50% rule apply to everyone? The reason I ask is I have notice numerous people pay for utilities for their property when renting it out. Here in California this is not common as the renters themselves are resp...
Hey guys, My name is Tomeikia. I am a new real estate investor in Kentucky! I’m looking over the BRRRR strategy, and I am wondering should I apply the 1% and 50% rules to the ARV prices instead of the actual purchase ...
Like the title says...Does it apply to cash out refinancing as well as up front financing?
I heard of the 1/10th marketting budget, where you should expect to spend 1/10th of your desired profits on marketting. Does this apply to buy-and-hold or is there a different rule?
Hello all, I'm a new agent but have been investing for 3 years now with my wife. I've been in the Kansas City area for 5 years now but I grew up in Oregon. That being said, investing became a reality more or dream, o...