In this episode of the #AskBP Podcast, Scott Trench talks about one of the “rules of thumb that many real estate investors talk about - the 2% rule. Scott explains how this rent to price ratio is used when looking at particular kinds of properties and properties in different parts of the country. You’ll learn when and where to apply this rule, and learn about the areas where it has little relevance, and why. Don’t miss this episode on a controversial BP topic!
Watch the Episode Below
Listen to the Episode Below
Links from the Show
BiggerPockets.com
View the full article: #AskBP 083: How to Use the 2% Rule When Evaluating Rental Properties? on on The BiggerPockets Blog. This content is Copyright © 2015 BiggerPockets, Inc. All Rights Reserved.