John Wallace
Looking for US cities/areas where 2% rule still applies
I've been real estate investing on the west coast for about 5 years, but prices are getting so high here that it's tough to find attractive cash returns anymore. So I'm starting to look for out of state opportunities...
Jerry Shen
Does the 1% rule apply to multi-family as well?
I've heard of 1% rule for buying rental properties (1% of purchase price in monthly rental income). Does that apply all the way up to large multifamily as well?
Andrew Zwicker
Does the 2% rule apply when equity gain is involved?
I am purchasing a small house for 70k that is worth 110k at current market value.The 2% rule suggests that I need to rent the house for $1,400 per month. Since I am purchasing the house for 63% of the market value, it...
Matt Bailey
1% Rule Question - gross rent per year or per month?
So
1% rule apply to the yearly amount of rent (gross rent) for the sales price?
or
1% rule only apply for sales price to monthly rent?
Javier Osuna
The 2% rule does not apply to every market, does it?
Hello BP gang!I've heard quite a few investors talk about using the 2% rule as a general rule of thumb when evaluating for buy and hold deals for cashflow. However from analizing the rent to value ratio of residential...
Elliot Weldon
Does the 70 percent rule always apply to a good deal?
I recently purchased a home for 313k in a Minneapolis suburb. Great neighborhood and I wasn’t thinking of flipping it until I moved in and realized how nice the home could be. I am thinking that with 60k (higher end o...
Bill Vaughan
Does 50% rule apply in Texas with the High Property Taxes?
Texas Investors, I have a question. On your rental property, is the 50% rule accurate?
George Maka
Do the general "rule of thumbs" apply to orange county, ca?
As a new investor, I am trying to learn as much as I can and trying to catch up on the lingo for real estate investing. As I go through the beginner guide on this site, I came across the "rule of thumb" and I cannot u...
Matthew Metros
50% Rule: Does this apply to Small MF (2-4 Units)
I am underwriting a deal and the marketing package has unrealistically low expenses. As a rule of thumb, I applied the 50% rule to meet reasonable
I was told by another investor that small MF doesn’t have 50% expens...
Aaron Cohen
Do you apply the 2% rule to single family home purchases?
I've been evaluating a lot of single family homes to purchase and rent out. When I run the numbers with the 2% rule they are exponentially off base with the market rents in the community and town. New to the 2% rule...