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General Landlording & Rental Properties
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Arthur Banks's profile image
Arthur Banks's profile image
Arthur Banks
  • Real Estate Investor
  • from Waukegan, Illinois
  • Member since Apr 22, 2013
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Arthur Banks's profile image
Arthur Banks's profile image
Arthur Banks
  • Real Estate Investor
  • from Waukegan, Illinois
  • Member since Apr 22, 2013
Connect
Arthur Banks
  • Real Estate Investor
  • Waukegan, IL
77
Votes |
367
Posts
General Landlording & Rental Properties

Rental purchase rule of thumb

Arthur Banks
  • Real Estate Investor
  • Waukegan, IL
Posted Jul 2 2013, 20:07

Can someone please tell me the 'rule of thumb' when evaluating a property for rental? Or better yet, what is the '2% Rule and the '50% Rule'?
I'm looking at a potential deal tomorrow and I'd like to get my numbers right.

Thanks in advance.

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