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Updated over 9 years ago,
1% rule minimum criteria?
Been on this forum and already have found a wealth of information. This is similar to a post I had yesterday but I have been listening to quite a few podcast and forum post, I keep hearing about the 2% rule and having the 1% rule as a minimum. My question is being from Socal where it is almost impossible to find a deal that meets the 1% rule even neighboring areas like Vegas where it is getting to that point. My question is it not even feasible to invest in west coast property if we are following this rule. I almost thinking I am forced to invest in outside states. Whats your thoughts and experiences following the 1% rule