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Updated over 15 years ago on . Most recent reply

User Stats

297
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5
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Travis Elliott
  • Real Estate Investor
  • Cebu, Philippines
5
Votes |
297
Posts

50 % RULE DEFUNCT IN SOUTH DAKOTA...

Travis Elliott
  • Real Estate Investor
  • Cebu, Philippines
Posted

I am trying and trying to subsribe to the 50 % rule but am unable to do so. I live in a small town most of the year and the Black Hills arent hit as much as the rest of the nation. Houses listed here arent selling low enough to make the 50% rule work. Houses that rent for 550 to 600 sell for 75000 to 100000 I am not sure what to do in this case. Keep praying abviously and keep looking.

Most Popular Reply

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22,059
Posts
14,128
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Jon Holdman
  • Rental Property Investor
  • Mercer Island, WA
14,128
Votes |
22,059
Posts
Jon Holdman
  • Rental Property Investor
  • Mercer Island, WA
ModeratorReplied

Move.

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