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Updated over 6 years ago on . Most recent reply

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Jeremy Vidmar
  • Mott, ND
2
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2% rule

Jeremy Vidmar
  • Mott, ND
Posted

pardon my newness...could someone please explain the 2% rule in the BRRR deals. I have heard it now on a few podcast but have not had it explained. Thanks

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Justin R.
  • Rental Property Investor
  • San Anselmo
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650
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Justin R.
  • Rental Property Investor
  • San Anselmo
Replied

Gross rents being at or over 2 percent of the total purchase price of your investment.

A 100k home would net >2000

Good luck finding such!!!

PS. Dont compromise your neighborhood, for a few dollars of theoretical gross rents

  • Justin R.
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