1% "Rule" Still Valid in Texas?

[Account Closed]

I am trying to do initial filtering with 1% rule or test in Texas and virtually nothing meets it. Anyone else discovering this as well.. how are you buying investment properties right now especially with current interest rates that cash flow?

[Polo Vazquez]

I would suggest you stop looking at the big cities. Look in the smaller towns in Texas. I just saw one that meets the 1% rule in Kilgore. I see some that come close all the time in my market as well. I never see it on big cities like San Antonio, DFW or Houston and much less Austin.