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Updated about 8 years ago,

Peter G.'s profile image
Peter G.'s profile image
Peter G.
  • Real Estate Investor
  • from OKC
  • Member since Dec 31, 2016
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User Stats

70
Posts
36
Votes
Peter G.'s profile image
Peter G.'s profile image
Peter G.
  • Real Estate Investor
  • from OKC
  • Member since Dec 31, 2016
Connect
Peter G.
  • Real Estate Investor
  • OKC
36
Votes |
70
Posts
Buying & Selling Real Estate

1% rule how acurate is this?

Peter G.
  • Real Estate Investor
  • OKC
Posted

I know its just a rule of thumb but in my area out of over 50 houses I have looked at 1 of them meet the 1% rule... 99.99% of the houses are selling for 110k-120k and doing 900-1k in rent monthly. I am starting to get frustrated with constantly looking for any that meet or get close to the 1% rule no luck...

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