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Updated about 10 years ago on . Most recent reply

Junior Salters's profile image
Junior Salters's profile image
Junior Salters
  • Rental Property Investor
  • from Spartanburg, SC
  • Member since Apr 26, 2013
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User Stats

253
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Junior Salters's profile image
Junior Salters's profile image
Junior Salters
  • Rental Property Investor
  • from Spartanburg, SC
  • Member since Apr 26, 2013
Connect
Junior Salters
  • Rental Property Investor
  • Spartanburg, SC
56
Votes |
253
Posts
General Landlording & Rental Properties

2% rule of thumb in SC

Junior Salters
  • Rental Property Investor
  • Spartanburg, SC
Posted

Hey guys,

I'm currently a wholesaler in upstate Spartanburg still building funds to do some fix and flips and purchase rental properties but for anyone in South Carolina and mainly the Upstate are you guys usually seeing the 2% rule on your rentals in terms of your rents vs. you all in purchase price + rehab? I don't see a lot of these which isn't surprising, but I assume it can be done.

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