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Updated almost 5 years ago on . Most recent reply
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Do you use any financial criteria to filter out properties?
Newbie here. To investors of buy-and-hold multi-family and small apartments: Do you use any financial criteria, or rule of thumb, to filter out properties for more thorough consideration? In the Ultimate Beginner’s Guide they mention the 2%, 50% and 70% rules, for example.
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Aegis, a google search is going to give you the same answers as asking your question here. Many of us get interested in a property based on cap rate and decide to buy based on cash flow.