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information for mankato mn real estate investors: Rule of 100 for investors - 04/01/09 12:09 PM
This was suggested by a real estate investor friend of mine.  Using rental information, this is a quick way to evaluate whether a property is worth looking at any further.  After checking out the idea while doing my own analysis of rental properties for myself and my clients, I found it to be pretty accurate.
Here's what you do:  take the amount of monthly rent the property brings in and multiply that by 100.  If the price is at or below that number, you might want to take the time to look further into whether the property will cashflow or otherwise meet your investing … (0 comments)

 

Jim Scheller - ABR, SRS, e-Pro, GRI

Mankato, MN

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Bridge Realty - Mankato

Address: 122 South Riverfront Drive, Mankato, MN, 56001

Office Phone: (507) 344-5200

Cell Phone: (507) 317-0177

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