Tag: Rental Income
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The 1% Real Estate Rule
When it comes to real estate investing, the 1% rule is a commonly referenced guideline to help investors evaluate potential properties. The rule suggests that a good real estate investment is when the monthly rent income is at least 1% of the purchase price of the property. For instance, if a house costs $200,000, it…
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Pros and Cons of Real Estate Investments
Several years ago, I took a deep dive into real estate investing and I was immediately captivated by this investment strategy. The first thing I liked about it was that banks are willing to loan 80% of the value of the property and then the tenant pays 100% of the payment. Now of course, there…
Faith, Finance & Fatherhood 