What is the 2% Rule in Real Estate?
Ever considered dipping your toes in real estate investment? The 2% rule can be your quick guide! Simply multiply a property’s price by 0.02 – that’s the minimum monthly rent you should target for positive cash flow. It’s not foolproof, but it helps avoid overpaying and provides a buffer for unexpected costs. Remember, it’s just a rule of thumb – do your research, consider expenses, and consult a pro before making any big decisions! Ready to start building your real estate empire? Dive deeper into the pros, cons, and limitations of the 2% rule in our blog post!
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