Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
General Landlording & Rental Properties
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 11 years ago,

User Stats

39
Posts
15
Votes
Tony Reale
  • Franklin, TN
15
Votes |
39
Posts

Yet another 2% question!

Tony Reale
  • Franklin, TN
Posted

Of course it has been covered that the 2% rule is somewhat area dependent, So wanting to discuss my area "Nashville TN" Specifically but may be a question others can benefit from.

I seem to have no problem meeting the 2% rule but the houses are low cost, very low income, and not really desirable locations. I do not foresee me enjoying being this type of landlord.

The nicer more stable neighborhoods with the standard 3 br. 2 baths 2% seems to be hard to come by. "Yes I know it isn't impossible" 1.5% does seem attainable fairly regularly.

My question for all of the landlords out there is which of the above 2 scenarios would you prefer. 2% and possibly volatile or less than 2% with "hopefully" less volatility.

Also any native to Nashville that may know more than me please feel free to chime in.

Loading replies...