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Updated about 6 years ago on . Most recent reply

Trevor Fritz's profile image
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Trevor Fritz
  • Investor
  • from Arlington Heights, Illinois
  • Member since Dec 29, 2014
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Trevor Fritz's profile image
Trevor Fritz's profile image
Trevor Fritz
  • Investor
  • from Arlington Heights, Illinois
  • Member since Dec 29, 2014
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Trevor Fritz
  • Investor
  • Arlington Heights, IL
15
Votes |
58
Posts
Chicago Real Estate Forum

50% rule on multifamilies accurate in Chicago?

Trevor Fritz
  • Investor
  • Arlington Heights, IL
Posted

Hi everyone, throughout my research I consistently come across those who preach the 50% rule. Does this rule hold true for multifamily homes in Chicago or is this ultraconservative due to the high rents? When I have factored this in, every place I have seen doesn't come close to cash flowing. Thanks in advance! 

Chicago, Illinois
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