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Podcast: The Moneyball Real Estate Show
Episode: There’s Been A Death...
Description: In today’s episode, we talk about the death of the 1% Rule in real estate investing.“Rules of thumb aren’t bad, but they can get in the way of good investments.” -Kevin ClaysonThe 1% Rule is a rent to price rule that has dictated the “what makes a good investment property” conversation for a decade.This rule was the judging value of whether or not investors wanted to look at a specific property. Since it is just a simple metric (based on what the rent is and what the purchase price is), following it...