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Updated about 3 years ago on . Most recent reply

User Stats

78
Posts
43
Votes
Seth M. Jones
  • Rental Property Investor
  • Port Orange, FL
43
Votes |
78
Posts

Is there a 1% Rule market out there?

Seth M. Jones
  • Rental Property Investor
  • Port Orange, FL
Posted

I'm currently sitting on 6 buy and hold investments, and looking to acquire more, but began looking outside of my area due to very few cashflowing opportunities in my market. I've even relaxed my criteria in order to find deals, but nothing seems to meet my minimum requirements locally. I'm open to investing anywhere Stateside, and am curious if any buy and hold investors would recommend any particular market? Why? 

I'm generally looking for a growing market that has properties that can at least come close to the 1% rule. What markets should I be looking into? 

Most Popular Reply

User Stats

4,845
Posts
3,413
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Jordan Moorhead
  • Real Estate Agent
  • Austin, TX
3,413
Votes |
4,845
Posts
Jordan Moorhead
  • Real Estate Agent
  • Austin, TX
Replied

@Seth M. Jones we have some in Minneapolis, just sold one last week. I’ve bought some in Louisville and Austin last year. Just be patient and make offers based on numbers. If finding great cash flow was easy real estate investing wouldn’t be so much fun.

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The Moorhead Team
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