General Real Estate Investing
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated about 2 years ago, 12/04/2022
Sourcing Deals & the 2% rule
Hello - I am a newcomer to this page and am looking to buy my first real estate investment. I have two questions:
1-Where is the best place to source deals on my own? I can't help but think Zillow is not the best place.
2-I see the 2% rule everywhere , but seems to me it's nearly impossible to find a 2% property unless your are purchasing well below market value. Are there any of "rules of thumb" I should be considering? Or throw this out all together?
I'm seeking relatively turnkey single or multi family units . Hence my question above , as I'm not looking to do much Rehab to start.
Any insight would be greatly appreciated! Thank you!