Originally posted by richmond:Some people hear the 11 second rule and then tune out… there’s a lot more to it than that, and a lot more research to decide if a property is a good investment than just looking for 10.4% yields.
Hi Richmond,
I suspect the reason people come here asking for properties meeting the 11 sec rule is because that is the easy bit – a bit of quick maths and its a ‘yes’ or ‘no’ answer.
The harder part is the research to find out whether or not the property is a fundamentally sound investment. This is where the work begins.
Derek
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