1% Rule in Tacoma

[Rudy Manna]

1% rule anywhere around Seattle is impossible long since. Now it looks  very tight in Tacoma/Lakewood too, as far SFHs are concerned.

I have been actively looking and almost all of SFHs are around 0.7-0.85% range. Even fixers are lower than 1%. The old formula where get something around 100k, put 10k in rehab and charge $1100 pm looks like long gone.

Are other investors having better luck now? Any strategy I should be using?