Posted by Patric on October 13, 2003 at 22:40:44:
Isn’t it generally a rule of thumb, not to even look at a investing in a rental unless the rent to purchase is about 1%?? For example, $1000 per income on a 100K place = 1% = Good. On the otherhand, $650 per income on a 100K place = 006% = not Good.
Overall, is this a good way to weed out the crappy deals??