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Trevor Fritz
  • Investor
  • Arlington Heights, IL
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50% rule on multifamilies accurate in Chicago?

Trevor Fritz
  • Investor
  • Arlington Heights, IL
Posted Apr 9 2019, 14:18

Hi everyone, throughout my research I consistently come across those who preach the 50% rule. Does this rule hold true for multifamily homes in Chicago or is this ultraconservative due to the high rents? When I have factored this in, every place I have seen doesn't come close to cash flowing. Thanks in advance! 

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