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Updated almost 9 years ago,

Patrick Howe's profile image
Patrick Howe's profile image
Patrick Howe
  • Investor
  • from Chicago, Illinois
  • Member since May 20, 2014
Connect

User Stats

22
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6
Votes
Patrick Howe's profile image
Patrick Howe's profile image
Patrick Howe
  • Investor
  • from Chicago, Illinois
  • Member since May 20, 2014
Connect
Patrick Howe
  • Investor
  • Chicago, IL
6
Votes |
22
Posts
Chicago Real Estate Forum

Chicago 2% and 50% rule

Patrick Howe
  • Investor
  • Chicago, IL
Posted

Does anyone have any thoughts on applying the 2% rule and 50% rule in the Chicago area? I know that cost of living and rents are higher in Chicago, does this explain why I am having a hard time finding properties that the 2% and 50% rule apply?

I am looking at multi-unit properties on the Northside.

Chicago, Illinois
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