Rehabbing & House Flipping
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 4 years ago,
Why 1% of monthly gross rents Rule purchase price?
Why does it make sense to purchase a to purchase a property at 1% of gross months rents? Can someone help me understand this rule, and why it makes sense?
Thanks! 👍🏼