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Real Estate Investing Workshop
Hello everyone,
I recently attended a reals estate investing workshop in my area and I did n't hear anything about the 2% rule or the 50% rule. I read them on one of the books I received from Bigger Pockets and thought they were pretty straight forward rules. I also heard one of the agents say they get $400 per door on their condos and I thought this seemed high. I know it would depend on the area, however, I also hear that $100 per door is acceptable. Maybe I'm over thinking this but I think it's a wide spread per door. My question is, should I be satisfied with $100 per door and base my decisions on this and if it comes in higher than that's a good thing.
Rick