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Buying & Selling Real Estate

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Masud Khan
  • Rental Property Investor
  • Washington, DC
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28
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Anyone seeing the 2% rule and where?

Masud Khan
  • Rental Property Investor
  • Washington, DC
Posted Jan 16 2021, 07:00

A while ago I read the BP book on managing rental properties and the author mentioned the 1% and 2% rule as being solid measures for evaluating a deal.  

My question for all of you buy and hold investors, in anyone hitting the 2% rule? If so, in which US markets?   

As a reminder the 2% rule = monthly gross rent/purchase price

Cheers!