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Updated over 6 years ago on . Most recent reply
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What's a good growth rate?
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?
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@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