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Updated over 2 years ago on . Most recent reply

Ray De La Garza's profile image
Ray De La Garza's profile image
Ray De La Garza
  • Member since Nov 26, 2021
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Ray De La Garza's profile image
Ray De La Garza's profile image
Ray De La Garza
  • Member since Nov 26, 2021
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Ray De La Garza
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Buying & Selling Real Estate

Following the 1% rule

Ray De La Garza
Posted

With the way the housing market is, must the 1% rule be followed in order to be profitable? For example, if an 1800 sq ft home is selling for $285K, it might not be feasible to rent it out for $2850 per month. Especially if the square footage is less than 2000. Depending on the rental comps, the living space would probably rent out for $1500-1900 per month. Thoughts?

  • Ray De La Garza
    • Houston, Texas
    1 Vote
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