So, about half of the rent goes to pay the operating expenses.

With stocks, you can wake up one morning to find out that a company filed an errant quarterly report and the stock price has been cut in half.

My question is if I'm buying real estate in a different State can I tell the seller's agent that my wife is representing me and therefore demanding she gets half of the commission of the sales?

Half of your expenses will go right out the door in insurance, property tax, maintenance, eviction costs, legal fees, entity structuring, advertising, accountant fees, etc. etc. etc.

So using the 50% rule I will have to rent this house for an additional 1000 so to be half of the monthly rent to cover expenses.

That is plenty of time to work two full time jobs and still have over half of the week left.

With that being said even if half of the tenants needed to be evicted, you could do so at a rate that won't leave you holding the bag.

They focus on the headline numbers and assume sharing half the profit has to be cheaper.Like all of us knowing what you are good at and contracting out the balance seems to be the key.John Corey

If you think I'm wrong, turn on the TV for half an hour and see how many ads there are by these scumbag contingency lawyers.

It needed to be gutted to the studs on half the house and the roof needed replacing.