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Updated about 4 years ago,
Anyone seeing the 2% rule and where?
A while ago I read the BP book on managing rental properties and the author mentioned the 1% and 2% rule as being solid measures for evaluating a deal.
My question for all of you buy and hold investors, in anyone hitting the 2% rule? If so, in which US markets?
As a reminder the 2% rule = monthly gross rent/purchase price
Cheers!