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Updated about 10 years ago on .

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Richard Pope
  • Savage, MN
0
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Real Estate Investing Workshop

Richard Pope
  • Savage, MN
Posted

Hello everyone,

I recently attended a reals estate investing workshop in my area and I did n't hear anything about the 2% rule or the 50% rule.  I read them on one of the books I received from Bigger Pockets and thought they were pretty straight forward rules.  I also heard one of the agents say they get $400 per door on their condos and I thought this seemed high.  I know it would depend on the area, however, I also hear that $100 per door is acceptable.  Maybe I'm over thinking this but I think it's a wide spread per door.  My question is, should I be satisfied with $100 per door and base my decisions on this and if it comes in higher than that's a good thing.

Rick