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All Forum Posts by: David Lowe

David Lowe has started 25 posts and replied 145 times.

Post: How Accurate Is The 2% Rule?

David LowePosted
  • Realtor
  • Denver, CO
  • Posts 153
  • Votes 30

@Ian Walsh Do you not think that a national average is a dangerous metric? I am from the UK and if you are investing in London (which is higher than anywhere else in the UK by a long way), you are going to be way off with your national average rule. 

Post: How Accurate Is The 2% Rule?

David LowePosted
  • Realtor
  • Denver, CO
  • Posts 153
  • Votes 30

@Account Closed Nicely done. Mine is a 0.7% property cash flowing at $1667 and appreciated $100k in the last 2 years so maybe I'll be joining you in the "terrible investment" club! 

Post: How Accurate Is The 2% Rule?

David LowePosted
  • Realtor
  • Denver, CO
  • Posts 153
  • Votes 30

@Ned Carey Fascinating. If the population is dropping and there are fewer buyers, why would flipping or buy to let properties be successful there? 

Post: How Accurate Is The 2% Rule?

David LowePosted
  • Realtor
  • Denver, CO
  • Posts 153
  • Votes 30

@Eric Bilderback Unfortunately I'm not single so Detroit might have to wait! :) However, I'll be doing big things in San Diego from July onwards so feel free to join our investor community (see my profile for website) or private message me to discuss.  

Post: How Accurate Is The 2% Rule?

David LowePosted
  • Realtor
  • Denver, CO
  • Posts 153
  • Votes 30

@Eric Bilderback Thanks for your input. Have you ever moved market and diversified if Central Oregon is such a grind? 

Post: How Accurate Is The 2% Rule?

David LowePosted
  • Realtor
  • Denver, CO
  • Posts 153
  • Votes 30

@Ned Carey That is unbelievable. Why do you think the property prices are that low in Baltimore? What kind of areas are your properties in? 

Post: How Accurate Is The 2% Rule?

David LowePosted
  • Realtor
  • Denver, CO
  • Posts 153
  • Votes 30

@Nick Stoddard Thanks for your excellent clarification. 

Post: How Accurate Is The 2% Rule?

David LowePosted
  • Realtor
  • Denver, CO
  • Posts 153
  • Votes 30

@Adrien C. Can you define "A to D areas"? 

Post: How Accurate Is The 2% Rule?

David LowePosted
  • Realtor
  • Denver, CO
  • Posts 153
  • Votes 30

@Dawn Anastasi And that is where I am a little mystified. Are there any places in the US where you can command a $1k/month rent but only spend $50k on purchasing the property? 

Post: How Accurate Is The 2% Rule?

David LowePosted
  • Realtor
  • Denver, CO
  • Posts 153
  • Votes 30

@Linda Osborn Insightful post. Thank you. That is good to bear in mind and if we can increase the rent as the market catches up then great!