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Updated over 4 years ago on . Most recent reply

Account Closed's profile image
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Account Closed
  • from Charleston, SC
  • Member since May 7, 2020
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Account Closed's profile image
Account Closed's profile image
Account Closed
  • from Charleston, SC
  • Member since May 7, 2020
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Account Closed
  • Charleston, SC
2
Votes |
13
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General Landlording & Rental Properties

2% Rule or 7% return

Account Closed
  • Charleston, SC
Posted

Hey Everyone

Very new to real estate investing and I'm learning about the 2% rule. I've been looking at my properties in the sense of hitting that 7% CoC ROI or more. It seems I can hit the 7% return but not the 2% rule here in Charleston, SC. Does anyone have any insight on This?

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James Mcsweeney's profile image
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James Mcsweeney
  • from Denver, CO
  • Member since Jan 13, 2020
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James Mcsweeney's profile image
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James Mcsweeney
  • from Denver, CO
  • Member since Jan 13, 2020
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James Mcsweeney
  • Denver, CO
95
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112
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James Mcsweeney
  • Denver, CO
Replied

You can find deals out there still that meet the 2% rule, but it will take patience and lots of screening your market for every deal that comes for sale each week.

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