Do you use 50% expense estimate or itemized expenses in analysis?

[Kerrie Dare]

I'm about to start analyzing 150 deals over the next 90 days to get more experience. In your deal analyses, are you typically using 50% expense estimates or itemizing expenses? My general idea was to start with the 50% expense in order to be conservative, and then for any interesting properties, diving deeper on the itemized expenses.

New to this so would appreciate any tips!

[Joe Villeneuve]

No.  I use the actual expenses.  What good does an estimate do when you can use the real thing?..and instead of analyzing properties, you should be analyzing markets.  That way, you can analyze 150 properties over the next 90 minutes.