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Updated about 8 years ago,

RJ Jackson's profile image
RJ Jackson's profile image
RJ Jackson
  • from Austin, Texas
  • Member since Dec 3, 2016
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20
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5
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RJ Jackson's profile image
RJ Jackson's profile image
RJ Jackson
  • from Austin, Texas
  • Member since Dec 3, 2016
Connect
RJ Jackson
  • Austin, TX
5
Votes |
20
Posts
Buying & Selling Real Estate

Rental that doesn't meet the 1% rule

RJ Jackson
  • Austin, TX
Posted
Thoughts about purchasing a brand new home that doesn't meet the 1% rule. It's near a new elementary in a growing area outside of Austin. 205k, 3/2, rent is about 1500 in the area. It will be my first rental which is why I prefer new but is it smart to ignore the rule in this case?
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