Updated about 3 years ago on . Most recent reply
2% Rule is Impossible
As STR becomes more popular, common BNB area prices seem to increase making 2% rule more difficult to find. Anyone have strategies for finding properties that cash flow? Is it finding off-market deals? Or is AirDNA data lagging current trends with increased price? (Specifically Emerald and Forgotten Coast of Florida)
Most Popular Reply
Bruce Woodruff
#1 Contractors Contributor
Pro Member
#1 Contractors Contributor
- Contractor/Investor/Consultant
- West Valley Phoenix
- 14,429
- Votes |
- 12,216
- Posts
Bruce Woodruff
#1 Contractors Contributor
Pro Member
#1 Contractors Contributor
- Contractor/Investor/Consultant
- West Valley Phoenix
Forget all the so called 'rules'. Just figure out if the profit vs expenses creates a ROI that works for you.