Updated over 11 years ago on . Most recent reply

50% rule threshold
I have read up a lot on the 50%, but I can't seem to find a threshold. Is there a correlation on price and the rule? So, a $150K quad is 50% expenses but a $300K quad may be 60% expenses.
Most Popular Reply

Bryan,
You should throw this rule out the window as in most cases it is impossible to achieve anymore. From my understanding you need to be all in a home for $50k that rents for $1,000 per month and that is not happening anywhere that I know of on a consistent basis.
If you are buying the home from a turnkey it wont happen but maybe if you find your own deal and do the renovations it might be possible.
- Curt Davis

Curt Davis - KAIZEN Realty
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