In this video, Phillip and I take apart popular real estate calculations (the 70% rule, the 50% rule and the 2% rule) and give you our grades.

Spoilers: The 2% Rule is complete and utter trash.

As for the others, they can be useful, but only as rules of thumb. And sorry for the low volume on this one.

- The Good - The 70% Rule: (ARV x 0.7) - Rehab = Max Offer
- The Mediocre - The 50% Rule: Gross Revenue x 0.5 = Approximate Operating Expenses
​- The Godawful: The 2% Rule: If the Monthly Rent / Total Cost = 0.02 (or 2%) it is a good investment

Previous Episodes
-How to Positively Resolve Tenant Disputes (Property Management)
-How to Manage Collections and Delinquency
- A Guide to Due Diligence for Buying Houses
- How to Find Banks for Your Investment Properties
​- A Crash Course on Building a Buy and Hold Real Estate Business
- Is the Economy on the Edge of a Cliff??? How Should Real Estate Investors Respond?
- An Introduction Into Buying Portfolios
​-Why Buy and Hold is So Powerful
- In-House or Outhouse Management
​- Moving to California?
- Doing Maintenance Right
- Should You Accept Pets in Your Rentals?

From Mens Health,

I mean, I knew journalism is a tough industry to make a living these days (which very well might be why so many of them lash out in full blown Stalinism at anyone who has success outside of the normal venues). But this is really something else.

​Good luck recovering from all that Mr. Greenfield.

Well, should you? Do you feel lucky punk?

People in general, and Americans in particular, love their pets. It would be foolish to never allow pets in any rental, right? Well, for the most part, that is true. But there are times to accept pets and there are times not to. And there are certain types and only a certain number you should allow. And there are fees you should charge. And there are laws you should check and adhere to. In this video, we break down all the particulars.

Previous Episodes
-How to Positively Resolve Tenant Disputes (Property Management)
-How to Manage Collections and Delinquency
- A Guide to Due Diligence for Buying Houses
- How to Find Banks for Your Investment Properties
​- A Crash Course on Building a Buy and Hold Real Estate Business
- Is the Economy on the Edge of a Cliff??? How Should Real Estate Investors Respond?
- An Introduction Into Buying Portfolios
​-Why Buy and Hold is So Powerful
- In-House or Outhouse Management
​- Moving to California?
- Doing Maintenance Right


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Here is my presentation for MAREI (The Midwestern Association of Real Estate Investors) on everything you could possibly want to know about due diligence. It was given before Covid-19, so that's why there's no discussion of that. But pretty much everything else you need to know is covered. And given how essential due diligence is, you will want to watch this one from beginning to end.

Also check out my 5000-word article on the same topic for BiggerPockets.​

And finally, please check out and subscribe to our YouTube channel!

So a week ago, some white nutjob shot up three Asian parlors and killed six Asian women and two whites. The Left exploded that this was just yet another example of "white male terrorism" and an "anti-Asian hate crime" even though the FBI said the motive wasn't racial. 

Then there was a shooting in Boulder where 10 people were killed. At first, the Left thought it was another white man. But then it came out he was a Syrian immigrant and Islamist. And just like that...

Yes, the Right is bad on this too. (Although not as bad.) But for the love of God, can we put this to rest.

And no, whites are not more likely to be mass shooters. As Statista notes from the Mother Jones database, whites made up 66 of 122 shootings.

So yes, most mass shootings are done by whites. But whites make up 60.1 percent of the population. 66 divided by 122 is 54.5 percent. So by this standard, whites are actually slightly underrepresented. And that's just one standard that doesn't include mass shootings that are just by criminals committing crimes. If you include those, whites are even more underrepresented. 

Lastly, I should note that the entire Mother Jones database adds up to only 975 fatalities in 30 some years. That's a little over 30 a year. In other words, about a fifth of the number of people who die by peanuts every year. Let's put this in perspective and not let the media dominate the narrative with endless hysteria.

Here is my brother Phillip Syrios' presentation on every little thing you could possibly want to know about how to succeed in property management (OK, almost everything) for the Midwestern Association of Real Estate Investors back in 2019. So no mentions of Covid, but everything else is there. If you want to get into real estate investment or property management, this is the presentation you need to listen to.

​And please check out and subscribe to our YouTube channel!

Here is my presentation from 2019 on the BRRRR method for the Midwestern Association of Real Estate Investors (MAREI). It took place before Covid-19 which is why there are no references to the pandemic or lockdowns. And while one definitely needs to be careful investing right now, the principles still apply.

And please check out and subscribe to our YouTube channel!

The MLS is where real estate agents put all of their listings. It is by far the best place to find listed properties and, perhaps more importantly, assess the value of a property by comparing to other similar properties that have sold recently.

Back in 2011 and 2012, the MLS was a great source for leads as the US still felt the after-effects of the 2008 financial crisis, and tons of REOs (bank owned properties) were on the market. Now, not so much. But are there still good deals to be found on the MLS or is it entirely played out?

Previous Episodes
- How to Manage Collections and Delinquency
- A Guide to Due Diligence for Buying Houses
- How to Find Banks for Your Investment Properties
​- A Crash Course on Building a Buy and Hold Real Estate Business
- Is the Economy on the Edge of a Cliff??? How Should Real Estate Investors Respond?
- An Introduction Into Buying Portfolios
​-Why Buy and Hold is So Powerful
- Doing Maintenance Right
​- Moving to California?
-How to Scale a Real Estate Investment and Management Company | Interview with Douglas Skipworth







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