Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 5 years ago on . Most recent reply

User Stats

19
Posts
3
Votes
Ashley Rodgers
3
Votes |
19
Posts

Cities with 1% rent rule?

Ashley Rodgers
Posted

What are the cities where you can get close to 1% rule like where rent is 1% of the property price. Properties should be greater than $100K and not in war zones (like B class neighborhoods).

e.g Purchase Price is $200K - and rent is ~ $1800-2K 

Most Popular Reply

User Stats

232
Posts
348
Votes
Art Perkitny
  • Specialist
  • Cleveland, OH
348
Votes |
232
Posts
Art Perkitny
  • Specialist
  • Cleveland, OH
Replied

Hey @Ashley Rodgers, all the suggestions so far I agree with.

I would also suggest taking a look at places in the south east/ south west. The cities in these two regions seem to have a bit of the two things you are looking for, that being close to the one percent rule and numerous B class or higher neighborhoods to select from. 

The Midwest is hands down better for finding high cash flowing properties, but I believe you may have better luck finding a property that fits you risk tolerance in these southern markets.  (See table and map below)

CSV of Cities: 

https://docs.google.com/spreadsheets/d/e/2PACX-1vQss70xtKxJaxXG5s4ST2y42QYf1NUzH__v2rd1zl6vyPv3-ikaE5Idldp6R64MCQtM0GNA7lW69Vhf/pubhtml


Loading replies...