Before Atif Afzal buys an investment property, he runs a simple calculation: divide the projected monthly rent by the purchase price. "If it's 1%, then it really makes sense for me to buy that property," he told Business Insider. "If it's 0.6% or 0.7%, it doesn't make sense." In real estate, that rule of thumb is known as the 1% rule. It suggests a property's monthly rent should equal at least 1% of its purchase price to have a good shot at generating positive cash flow. If it falls short,

Tag-uri: Real Estate