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Updated almost 10 years ago on . Most recent reply

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Steven Trang
  • CA
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1% Rule in California

Steven Trang
  • CA
Posted

Hello all, I have seen some SFH's and MFH's that meet or are close to the 1% rule upon first glance in the Sacramento, Modesto, and Fresno markets. Just curious, would you invest in a SFH or MFH in any of these California markets if it is barely cash flowing?

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Franklin Romine
  • Visalia-Fresno, CA
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Franklin Romine
  • Visalia-Fresno, CA
Replied

@Adam Ng

 My lower income rentals are tracking at about 2% vacancy for the past 5 years.  Clean properties under $900 per month rent very quickly.  You have a very large pool of tenants.  Finding tenants has never been an issue.


Frank

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