Updated over 12 years ago on . Most recent reply
Question about 2% rule on latest podcast
In the latest podcast as a rule of thumb it was stated that the monthly rent should be equal to 2% of the purchase price in order to ensure the property will cash flow. I'm not sure this works, especially in my area (Wash DC metro). There is no way I can get $2000/mo rent from a $100K house. Any thoughts?



