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Updated over 1 year ago,
Understand the 2% rule or the 50% rule
I’m new to the investing in real estate world. So I have been doing the 2% and 50% rule and nothing around my area which is central ohio added up a positive cash flow? So say a house that cost 180k to create a positive cash flow would have to rent for 2410/m to break even is that correct or am I don’t the math wrong? But even at that it’s only 1.3% on the 2% rule. So any help would be greatly appreciated. Thanks