Manage episode 326585068 series 2680808
One of the most common questions I hear is actually one of the hardest to answer: "how do I know if a property is good to invest in?"
Still, when looking at a potential property, it's safe to say that the number one question you should be asking is this: Will this property create the type of cash flow (now or in the future) that will help me reach my financial goals?
Today's episode will help you narrow your financial goals and teach you how to apply the 1% rule as you navigate through making a wise investment decision.
The 1% RULE can be realized when the rental income per month is > 1% of the Property's Purchase Price.
Does your potential property investment pass the 1% rule?