I believe my estimates for repair and maintainence are higher due to the fact that my property management company charges 15 percent to $50 whichever is lower to oversee repairs.

Make sure the overall duplex deal fits real close into the 50 percent rule.

I recently came across Zillow's "Most Undervalued Market" list and noted Merced was number one, along with a few other valley cities making the list.A lot of investors I talk to do not have much good to say about the valley, but the two percent rule seems to be attainable there.

thanks to all posters,,,Aaron, To introduce you to this house it is built right after the WW2 era, late forties or early fifties.

Roofing materials for a gaf lifetime roof average about $150 a sq.

As far as rents on this property I could bring them up to 500.00 but I am not one hundred percent positive on that...

If you buy with only a few percent down payment, you're stuck with making up that difference on the back end.Your hope is you get enough appreciation to cover those costs.

It's a long report but I think this summarizes it.Using a statistical analysis the results are the following:Zillow’s Average Percent Error: 6.14%Study Accuracy: +/- 0.86%Median: 6.70%Standard Deviation: 8.45%As evident by first glance (plus the large standard deviation) the only clear trend is that Zillow generally underestimates the value of the home.

I think that if it were done according to your recommendations all along, we would have started the first unit out on form 4562 years ago with one Basis amount that represented both units, but would have put the Busines use percent at something like 60% (?).

I got my license to make some money off the many deals that were to thin to do as a investor deal but could be brokered.I didn't keep track of what percent of income was agent earned and what percent was investor earned, but one good year I remember $300k as an agent and $1.2mil as an investor.