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40: 40 Quick Tips for Buying Your First (or Next) Investment Property

BiggerPockets Real Estate Podcast

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The 1% Rule and the 2% Rule

The 50% rule is just that. It's a rule to, you know, it's kind of a safety net to help folks find cash flow properties. Don't buy negative cash flowing properties unless you're Uber, Rinch, Uber, Rich and have another agenda with the property. Use Craigslist to get rent comps to see what other properties are renting for in your area. And don't use former pro numbers given out by the selling agents.

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