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All Forum Posts by: Victoria Bravo

Victoria Bravo has started 1 posts and replied 2 times.

General Landlording & Rental Properties

Post: 2 percent test

Victoria BravoPosted
  • Clovis, CA
  • Posts 2
  • Votes 1

Yes Dawn, thank you, sorry I didn't phrase it the way I meant. I just meant 2 percent seems a bit much. But thanks Ned, so perhaps I should look into 1-1.5 percent.

0 Votes
General Landlording & Rental Properties

Post: 2 percent test

Victoria BravoPosted
  • Clovis, CA
  • Posts 2
  • Votes 1

hi, I am new to the BP community, and I have started the beginners course. I have a question about the 2 percent test. Is he implying that for a property that cost 200,000 you are supposed to charge 4,000 for rent? That doesn't seem right. Again, I'm new. Can someone enlighten me about this? Thank you!

1 Vote