The Most Effective Rule in Real Estate: Why You Should Follow the 1 Rule
One of the primary goals in real estate investing is to generate consistent cash flow. The 1% Rule helps ensure that your rental income will be enough to cover expenses like the mortgage, taxes, maintenance, and insurance. Properties that meet or exceed the 1% threshold are more likely to provide positive cash flow, reducing the likelihood of losing money on the deal. It’s easy to get excited about a property, especially when it looks appealing or is located in a desirable neighborhood. However, without a solid financial evaluation, there’s a risk of overpaying for the property. To get more info visit here #1rulerealestate
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