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Updated over 10 years ago,

User Stats

473
Posts
230
Votes
Taylor Chiu
  • Real Estate Agent
  • Salt Lake City, UT
230
Votes |
473
Posts

Can you hit the 2% rule in the Utah market

Taylor Chiu
  • Real Estate Agent
  • Salt Lake City, UT
Posted

Hi everyone - 

I'm starting out in the buy & hold field, and have 1 property under my belt. I'm trying to come up with a plan for buying properties in the next year. Is it possible to hit the 2% rule in Utah? I'd assume it'd be with lower priced properties, but I haven't seen much of anything that comes in at $50,000 or lower (outside of mobile homes).

Thanks!

Taylor

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