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Updated almost 8 years ago,
Clarification - 2% Rule Calculation
I am newbie and was going through the free course. In the free course it say the 2% rule is a ratio of Income to Purchase Price OR ARV, but in the rental property calculator it say the 2% rule is a ratio of Income to Expenses. Which one should I use for my analysis. Appreciate if anyone could clarify.
Thanks
Shafeeq