New York Real Estate Q&A Discussion Forum
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 over 7 years ago,
Buying following the 1% rule in NYC
Where can you find properties that follow the 1% rule in NYC? Queens, Manhattan, Bronx, Brooklyn? I am thinking about buying a multi-property in NY but it seems like that is difficult to find.
Thanks so much in advance!!
Laura
P.S. the 1% rule states that your monthly rental must be at least 1% of the purchase price of the property.