Can the real estate 1% rule be found in Chicago?

Can the real estate 1% rule be found in Chicago?

• Monthly rent ≥ 1% of property purchase price
• $200,000 property ≥ $2,000/month rent.
• Quick test for cash flow potential.
• Great for single-family & multifamily properties.

Collins Bonnema, local Chicago Real Estate Agent, walks you through how to find deals that meet the 1% rule.

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