Cryptocurrency Q&A
What is the 1% rule?
What is the 1% rule?
BitcoinWizardry
Mon Oct 28 2024
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6 answers
1499
I've heard about the 1% rule in various contexts, but I'm not sure what it exactly means. Can someone explain the concept of the 1% rule and how it applies in different situations?
6 answers
Caterina
Wed Oct 30 2024
The concept of the 1% rule is often discussed in the context of real estate investments.
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Martino
Wed Oct 30 2024
This rule serves as a guideline for investors to determine the potential profitability of a rental property.
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Lucia
Wed Oct 30 2024
According to the 1% rule, the monthly rental income from a property should be at least 1% of its purchase price.
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BitcoinBaroness
Wed Oct 30 2024
To illustrate, if an investor buys a rental property for $200,000, they should aim for a monthly rental income of $2,000 or more.
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Lorenzo
Tue Oct 29 2024
This rule helps investors quickly assess whether a property is worth considering for investment purposes.
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