But he’s right. All property’s appreciate (well, nearly all properties), just at different rates. This 1% rule of thumb might work for certain properties where anticipated value appreciation and/or rental growth appreciation falls within a normal set of parameters, but will be completely out of whack for any growing…

Don’t write about real estate. This 1% “rule of thumb” is an incredibly broad generalization that may hold in certain markets, but makes so many assumptions, is almost completely worthless. The ratio of market rent to market rental-property value varies widely across the country and is strongly influenced by…