There are 3 items that are mandatory for investing in RE outside of your hometown – ie “the long distance relationship” Like a table, if you’re missing one of the three, you’re not going to remain standing They are: TECHNOLOGY, SYSTEMS, TEAM.
What You Need to Know about the 1% Rule
The 1% rule is a general guideline for figuring out the potential cash flow of a property. In short, it rules that investors ought to set the monthly rent of property at least 1% of the total spent on purchasing it. Does every investor need to follow this rule? Not...
