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Updated about 3 years ago,
Do you still use the 1% or 2% rule today?
Do you still use the 1% or 2% rule to evaluate investment properties? I will be looking for properties in capital region NY. Based on podcasts and zillow research, it seems that there are less properties that meet this rule nowadays. If you don't use these rules, what do you use as a quick and dirty screen for potential buys?