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Updated over 6 years ago on . Most recent reply

[Calc Review] Help me analyze this deal
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Inland Empire, Southern California 2% rule? The closest I get with my estimations is .65% This is very similar to the deals I am finding. Am I being too conservative in my estimations, or is this the reality for my area?
Most Popular Reply

I do not know your area, but some areas just do not make good financial sense for renting single-family houses. That 2% rule would be a good rule to live by if you want to see positive cash flow.
Then you have to go find a market you may not be familiar with and immerse your self in that location and get comfortable with the people you are going to work with.
Two big takeaways I learned at my local real estate meetups are:
1 - Nobody cares as much about your Sh** as much as you do.
2 - Next! (the best thing you can say when looking at a deal) Don't get hung up on one deal.