grumpy66 replied to the topic 11s rule in the forum General Property 21 years, 2 months ago
How valid is the 11s rule now that prices have gone through the roof? I have started looking after buying the book and all the prices I have worked out using this rule are approx 50 to 75% of the asking price. The absolute best/worst I have seen is 105 from the rental return/11s rule and the ad invited offers of 280 plus, meaning that the property…[Read more]