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Updated over 7 years ago on . Most recent reply

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James Brunetto, jr
  • Rental Property Investor
  • Doylestown, PA
4
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24
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What's a good growth rate?

James Brunetto, jr
  • Rental Property Investor
  • Doylestown, PA
Posted

Hi everyone, 

After looking at some of the forums and blog post I noticed there are certain metrics like population, unemployment, and median income I should look at when determining where to invest. But what is considered a good growth rate? If it's less that 2% should I not invest. If there is a slight decrease year over year, say .2% decrease year over year for the last 3 years, is that bad or just a small fluctuation in population?

Most Popular Reply

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Caleb Heimsoth
  • Rental Property Investor
  • Durham, NC
7,862
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7,695
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Caleb Heimsoth
  • Rental Property Investor
  • Durham, NC
Replied
@James Brunetto, jr Any place with a strong growth rate will Likely be an appreciation market and you’ll be paying 200k for a rental. I prefer slow and steady markets. Slight increase or slight decline is fine with me as it means the rental market for cash flow will be strong

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