Hey MarcusThe 2% rule and 50% rule can be found in the beginners guide here on bigger pockets.The 2% rule basically says that for rentals you should be able to rent out your house for 2% of the purchase price each month, i.e. for a $100,000 home you should be able to rent it out for $2000/monthand the 50% rule basically says that over time 50% of your monthly income will go towards expenses (i.e. taxes, insurance, vacancy and repairs)While im not sure that the 2% rule is necessary for SFH since joining bigger pockets i have found that most serious investors dont operate on less than 1.3% and that the 50% rule can be cut to 36% if you are managing it yourself as roughly 14% goes to a property manager (but you should still want to pay yourself as a property manager)i would recommend reading the beginners guide it has a lot of helpful info on this subjectNick

But, then, Joe, that's not what you do, doing investigations, you joined here saying you invested in notes.

Welcome Kimo,You should try and join our next Snohomish County REI meetup.

Just type in your question in the search box and I'm sure you'll come up with some responses, or you can join the site and ask your specific question too.

Hello, I've just joined, seems like the most active property forum about.

welcome @Jake ThomasI was born in Flint, MI and it's good to see some MI people join the conversation.

I just joined as well.

If you look up meetup.com and search for "REI Alaska", you can join there.

It's great to have another industry professional join our ranks.It's sweet that you have both experience as an agent and as an investor.

Hey Brandon, great to hear from you, reading your blog about "How to start investing in real estate at a young age" is actually what inspired me to join!