Is the 1% rule dead in 2023 ?

[Rakesh Balavanthapu]

I am a new to REI and trying to find my first deal. Have been listening to BP podcast episodes from 2020 and earlier and the numbers were no where near what they are today.

I have analyzed about 30 deals in Atlanta, Dallas and Columbus markets. Couldn't find a single property where it is meeting the 1% rule. Agreed that I looked at only MLS listings, but still.

Am I looking in the wrong place ? Or am I making any mistakes in my analysis? Not sure where to go from here.

Also, is there a place on BP where we can find market analysis? I am a pro member. 
Please let me know how you guys are dealing with this

[V.G Jason]

It's been dead, dude. Where have you been?

The 1% rule originated fresh off the hardest crash in over leveraged real estate coupled with the lowest interest rates. That's not a consistent theme to bet on, that's an aberration.