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Updated over 6 years ago on . Most recent reply

User Stats

43
Posts
3
Votes
Rashad A.
  • Investor
  • Houston, TX
3
Votes |
43
Posts

Lack of one percent rule

Rashad A.
  • Investor
  • Houston, TX
Posted

Hi,

I am looking for rental house - SFH, and having hard time to find anything close to 1 percent rule (sale price vs rent price). Looking in Katy TX area due to good schools and close to where I live. Any thought recommendations appreciated

Thanks

Rashad 

Most Popular Reply

User Stats

1,561
Posts
733
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Jay Helms
  • Rental Property Investor
  • Gulf Breeze, FL
733
Votes |
1,561
Posts
Jay Helms
  • Rental Property Investor
  • Gulf Breeze, FL
Replied
Originally posted by @Rashad A.:

Hi,

I am looking for rental house - SFH, and having hard time to find anything close to 1 percent rule (sale price vs rent price). Looking in Katy TX area due to good schools and close to where I live. Any thought recommendations appreciated

Thanks

Rashad 

 The 1-2% rule is typically a sliding scale. By that I mean, Class A <1% to where Class D >2%.  look in different neighborhoods. 

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