Updated over 4 years ago on . Most recent reply
Is the 1% Rule of Thumb Possible?
Hi! I’m looking to buy my first investment property. I live in Seattle but am looking to buy in Tucson Arizona. I have been listening to Brandon’s rules of thumb and the 1% rule seems impossible to find (rent/price > 1%). Hoping to hear thoughts on this and reasons to buy a property if it is below the 1% rule. Also would love to hear about anyone who has ins in Tucson :) I went to college at U of A but don’t have a big real estate network there. I see this being a great area for cash flow / appreciation. Thanks so much!