QUOTE (gwasser @ Jan 31 2010, 08:49 PM)
I bought last Thursday. Friday I got an e-mail that it is in the mail. So, they still must have some in stock
Hi Marc,
Congratulations on your new book. Great read. I would appreciate if you could spend a few minutes clarifying the formula used in the book to determine tenant's monthly rent:
In the book, there is a ratio that is used (i.e, .085 * Purchase price or sometimes it is .0075 * pruchase price). Why not charage market rent? Why .075, .085 or .095? Is this a magic number? How do I explain this % to potential tenants as a win-win?
If anyone else has a good formula in determining market rent, please post or message me.
Thanks and Regards, Vic