All Forum Posts by: Corinne Squires

I'm a real estate agent and in my market we are hurting for inventory big time. It's a sellers market for sure, but there are still good deals if you know where to look.

Thank you so much everyone! 

New member here with a question. My Husband and I found a duplex that we like for 165K including the minor repairs on it. We have plans to move a family member on the lower and rent the upper. We would be paying cash for it, and the rents would equal 1,750 a month. I'm confused by the 2% rule for cash flow. We wouldn't have a mortgage on the property so it will technically already cash flow. How do you figure if a property is a good deal if you are paying in cash?