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Updated over 7 years ago, 05/17/2017
Show me your 2% rule
Greetings,
I live here in the Los Angeles market and by no means expect to find any investment close to the 2% rule both on and off market. I have tried researching recent sales and cross matched potential rents in other markets and am not finding what I am looking for. BP show me proof.
If possible, can anyone provide an address of an investment (all inclusive) that they acquired and currently rent that met the 2% rule (or somewhat close)? Any market will do.
I understand if this is too sensitive to share but I think it would be helpful to show a real life example.