All Forum Posts by: Oleg Brown

@John Warren thank you I really appreciate the feed back

@Anthony Dooley good to know. Does anyone else agree with the 35-40% in expense?

@Brock Mogensen thanks for the advice. I definitely won’t be self managing. Would that change your opinion on quickly analyzing deals? My thought process in using the 50% rule is as a hide line to see if the numbers even remotely work.

I’m trying to put together my first buy and hold deal somewhere between a single-family residence and a four Plex most likely. I’m using the 50% rule for every property I come across and none of the numbers seem to be working out after I also figure in the debt. Should I be using the 50% rule in every case or is that just left for larger multi family deals? At first I was just thinking the area I’m in just didn’t have any good deals but I want to make sure I’m being fair when figuring a price that makes sense for both parties.

@Salvatore Lentini thanks! Great advice.

@Matthew Baltzell thanks I’ll check that out!

@John Murphy I would love to check it out. Can you send me some more information?

@Yonah Weiss that’s awesome I’m looking to connect with people in my area. Know of any meet ups?

@Seth Ferguson yeah I’m more interested in finding deals in different areas to play with numbers and get an idea of what I like. Does that seem like a good idea to you?

@James Gleeson thanks. I’m very interested in this side or Real Estate.