I'm just starting to formulate trading rules.
I've been studying Dave Relly's interesting thread on a reno he did:
http://www.propertytalk.com/forum/showthread.php?t=6776
He refers to a rule that Dean (Pooomba) apparently formulated in a thread (I've searched but can't find it):
Renocosts+buyprice=80% of sale price.
Anyone out there using this rule? If so, what's your experience of it? Any other trading rules people are using?
Cheers
Mary
I've been studying Dave Relly's interesting thread on a reno he did:
http://www.propertytalk.com/forum/showthread.php?t=6776
He refers to a rule that Dean (Pooomba) apparently formulated in a thread (I've searched but can't find it):
Renocosts+buyprice=80% of sale price.
Anyone out there using this rule? If so, what's your experience of it? Any other trading rules people are using?
Cheers
Mary
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