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A comment on Rocket Mortgage to trim 8% of workforce as home-loan market shrinks. Parent comment

Re:Rocket Mortgage to trim 8% of workforce as home-loan mark... by ddorian43 on Thursday April 28, 2022 @06:59AM (#31191049)
> A real estate investment newsletter suggests that for a successful real estate investment, as a rule of thumb you should be able to charge almost one percent of the cost of the house as rent because a rational investor shouldn't count on the value of the house going up.

Does this have all taxes(property,rent,etc) included in the cost?

[ Parent | on HN ]
Re:Rocket Mortgage to trim 8% of workforce as home-loan mark... by pooper on Thursday April 28, 2022 @07:31AM (#31191245)
As far as I remember, no. This is just the sticker price. This is a conservative estimate for people who are not real estate professionals, probably looking to buy a house to rent for the first time. Based on the other comment reply, it sounds very conservative to dissuade people from making stupid decisions.
[ Parent | on HN ]