Updated over 8 years ago on . Most recent reply
Buying following the 1% rule in NYC
Where can you find properties that follow the 1% rule in NYC? Queens, Manhattan, Bronx, Brooklyn? I am thinking about buying a multi-property in NY but it seems like that is difficult to find.
Thanks so much in advance!!
Laura
P.S. the 1% rule states that your monthly rental must be at least 1% of the purchase price of the property.