What Numbers To Focus On For Your First Deal

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Are you a new investor wondering what numbers to focus on for your first deal? 🤔

📍 Understanding these key metrics is essential for your success in real estate investing.

Whitney Metcalf advises starting with the basics: the 1% rule and the 70% rule.

☑️ For buy-and-hold properties, ensure your rent is about 1% of the asking price.
☑️ For fix-and-flip properties, aim to pay 70% of the after-repair value minus renovation costs.

These guidelines help you make informed decisions and avoid overpaying.

Hit like if you found this helpful! 💯

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