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Updated over 8 years ago,
Buy a house for $120,000 an rent it for $1200
Hi Friends! I have been analyzing deals ALL OVER the area I live and can't meet this 1% Rule... Where can I achieve this rule without buying in war-zone areas?
I have noticed there are people saying they only buy properties with the 2% rule which in this case would be buying a home for $120,000 and renting it for $2,400.. Where are these numbers working for all of you as investors? Thanks in advance for any and all advice!