How to Identify a Good Investment Property Using the 1% Rule
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How to Identify a Good Investment Property Using the 1% Rule
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Do you want to know how to spot a good investment property? In today's episode I show you what to look for. I'm going to teach you about the 1% rule and how to calculate it.
You want to look at two things: purchase price and rent. If the purchase price is $300,000 and the rent is $3,000 per month that property follows the 1% rule and you should go buy it right now. It's a no brainer and I'll explain a little bit about cash flow to help you understand why. Thanks for tuning in!
Check us out at :
https://www.primerealestateexperts.com/
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