Is there a 1% Rule market out there?

Is there a 1% Rule market out there?

Rental Property Investor · Port Orange, FL · Member since 2018 · 78 posts · 43 votes

I'm currently sitting on 6 buy and hold investments, and looking to acquire more, but began looking outside of my area due to very few cashflowing opportunities in my market. I've even relaxed my criteria in order to find deals, but nothing seems to meet my minimum requirements locally. I'm open to investing anywhere Stateside, and am curious if any buy and hold investors would recommend any particular market? Why? 

I'm generally looking for a growing market that has properties that can at least come close to the 1% rule. What markets should I be looking into? 

0Reply
113 views

Most Popular Reply

Jordan MoorheadBusiness Member
Real Estate Agent · Austin, TX · Member since 2015 · 5k+ posts · 3k+ votes
7y

@Seth M. Jones we have some in Minneapolis, just sold one last week. I’ve bought some in Louisville and Austin last year. Just be patient and make offers based on numbers. If finding great cash flow was easy real estate investing wouldn’t be so much fun.

See this reply in the discussion

26 Replies

Jump to latestLatest
    Join the conversationCreate a free account to reply, vote on answers and follow this thread.