How Investors Get Burned Following the 2% Rule
May 07, 2018 at 07:00 AM EDT
Investors get burned following the 2% rule in low income areas. Here’s why. As a new investor, I lost a stunning amount of money on low-end properties. On paper, the numbers look gorgeous: “I can charge $1,000 in rent for a $30,000 property?! What can go wrong?” A lot, it turns out. But these...