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Updated almost 6 years ago,
1% and 2% rule in Vancouver Wa. and Portland, Or
Buy and hold investors around Vancouver and Portland. I'm curious how you deal with the 1-2% rule. Do you lower the percentage to make a deal work or do you just end up putting more down? Or just find extremely good deals??
Also on new construction would it be safe to lower your estimate for repairs and especially cap ex, since everything is brand new?