What Real Estate Investors Need To Know About The 2% Rule
- Seattle, Portland, San Francisco
- 2023/01/31
The 2% rule states that a property's monthly rent should be at least 2% of the purchase price. That is for the property to be considered a good investment. To calculate, multiply the property price by 0.02. The rule doesn't account for: Vacancy rates Operating expenses Maintenance Taxes, etc
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