Do these rules apply as much if you are working a full time job for another source of income? Would you still have cash flow if you just come close to these percentages?
Hey All-Im just starting to run through and analyze deals on the MLS. Entering in all of the pro forma data for every multifamily property would take forever, so I am going to implement the 50% rule in order to weed ...
noob here.....Can someone explain the 50% rule, 2.5% rule.....I can't seem to find a definition for it.
Thanks.
Jim
My question is this. If I use the 50 percent rule in my market. Most of these properties qualify easy. Do I make an offer then ask for actuals? There's many properties I want to pull the trigger on. Any advise?Thanks...
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.
Talking to various investors, it sounds like people interpret the "50% Rule" (calculating expenses to be 50% of revenue) somewhat differently. I'm curious how each of you do it?
For example, some people use 50% of g...
Hey guys my name is Slade Smith and I live in Monroe, LA. I am a new real estate investor learning the game. I just watched the you tube video with Brandon Turner talking about the 50% rule. My question is does that j...
Hey guys!! Rookie question here. Can someone give me a breakdown of the 50% rule using this example? I have already calculated it myself, I just want to be sure I am doing it correctly.
Purchase price- $75k
...
MikeOH and some others talk about this 50% rule. I just bought my first rental property for 22,000. When I add up all of my expenses (tax, insurance, mortgage payment), I come up with 78% expenses compared to gross ...
Hey BP!
Just doing research and reading up on real estate before i begin to invest. can someone please lay out the 50% rule?
Thanks!
Ryan