What is the 70% rule in flipping?
Could you please clarify what the 70% rule refers to in the context of flipping, specifically in the realm of cryptocurrency or financial investments? Is it a guideline to assess potential profit margins, risk management, or another aspect of flipping? Understanding this rule's application and purpose within the flipping strategy would be insightful for those seeking to navigate the market effectively.
Why is there a 70% rule in real estate?
Excuse me, but could you elaborate on the 70% rule in real estate? I'm curious about the rationale behind this principle. Is it a widely accepted industry standard, or does it vary depending on specific markets and conditions? What factors does this rule take into account when assessing the feasibility of a real estate investment? And, most importantly, how does it help investors make more informed decisions?