Rules in Real estate

[Account Closed]

Can you guys teach me these rules

50% rule

70% rule

1% rule

and more rules. 

[Jason D.]

@Jack Edward Johnson

50% rule - total expenses of an investment property equal 50% of gross rent

70% rule - when purchasing a flip or BRRRR, your all-in cost should be no more than 70% of the after repair value

1% rule - gross monthly rent should equal or be greater than 1% of the purchase price (turnkey) or ARV (rehabbed property)