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All Forum Posts by: Nathan Shankles

Nathan Shankles has started 20 posts and replied 108 times.

Post: The 2% rule - how close do you stick?

Nathan ShanklesPosted
  • Rental Property Investor
  • Fresno, CA
  • Posts 109
  • Votes 47

@Ola Dantis thanks ola!

Post: The 2% rule - how close do you stick?

Nathan ShanklesPosted
  • Rental Property Investor
  • Fresno, CA
  • Posts 109
  • Votes 47

@David Abbate it was 8 years ago in Redding.

Post: The 2% rule - how close do you stick?

Nathan ShanklesPosted
  • Rental Property Investor
  • Fresno, CA
  • Posts 109
  • Votes 47

@Frank Geiger what are your favorite class of rentals and why?

Post: The 70% rule - Do you abide?

Nathan ShanklesPosted
  • Rental Property Investor
  • Fresno, CA
  • Posts 109
  • Votes 47

@Will Barnard thanks will. What economic indicators do you look at to determine market conditions?

Post: The 70% rule - Do you abide?

Nathan ShanklesPosted
  • Rental Property Investor
  • Fresno, CA
  • Posts 109
  • Votes 47

@Jeff Cagle thanks for the info Jeff. Do they run closer to 80% or more? Or is it just dependent on the deal?

Post: The 2% rule - how close do you stick?

Nathan ShanklesPosted
  • Rental Property Investor
  • Fresno, CA
  • Posts 109
  • Votes 47

@Josh VanSetten thanks for your input Josh. What markets are you looking at right now?

Post: Deal finding software - is it out there?

Nathan ShanklesPosted
  • Rental Property Investor
  • Fresno, CA
  • Posts 109
  • Votes 47

@Michael Via I’d like for it to search for individual properties based on specifications that I input, and then find rents for that type of property in that area so that it can give me the gross rent/property value ratio (2% rule).

Post: The 70% rule - Do you abide?

Nathan ShanklesPosted
  • Rental Property Investor
  • Fresno, CA
  • Posts 109
  • Votes 47

@Greg Dickerson thanks Greg! How do you find most of your flips?

Post: The 2% rule - how close do you stick?

Nathan ShanklesPosted
  • Rental Property Investor
  • Fresno, CA
  • Posts 109
  • Votes 47

I bought my two investment properties about 8 years ago and at that time hadn’t heard of Th e 2% rule. When I recently learned of it, I went and did the math. Each of my properties falls between 1.3 and 1.6%. I’m wondering what seasoned rental property investors aim for when it comes to the 2% rule. Do you look for 2% or better? 1.5% or greater? Between 1 and 1.5%?

Post: The 70% rule - Do you abide?

Nathan ShanklesPosted
  • Rental Property Investor
  • Fresno, CA
  • Posts 109
  • Votes 47

I have house hacked a SFH and I have used the BRRRR strategy on a duplex, however, I have never strictly flipped a property and sold it. For those of you guys go have experience with fixing and flipping, how closely do you stick to the 70% rule?