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Buying & Selling Real Estate

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Ken D.
Pro Member
  • San Jose, CA
25
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69
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20x rule, Anyone heard of it?

Ken D.
Pro Member
  • San Jose, CA
Posted Jan 24 2018, 23:39

There are several rule of thumbs out there. Everyone wants to know when a good time to sell is. I can't remember where I heard this one, but is the 20x rule a "real thing"?

If your property value appreciates to over 20x your gross annual rental income it's probably a good time to sell.

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