filmov
tv
What Numbers To Focus On For Your First Deal

Показать описание
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! 💯
#AidToAssets #RealEstateInvesting #InvestmentTips
📍 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! 💯
#AidToAssets #RealEstateInvesting #InvestmentTips