Can you hit the 2% rule in the Utah market

[Taylor Chiu]

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

[William Hochstedler]

Hundreds of properties.  Never seen 2% in Logan.  Only 3 or 4 hit 1.5%.

Interesting conversation on the 2% rule:

http://www.biggerpockets.com/forums/311/topics/140...

Good luck!