Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated about 5 years ago on . Most recent reply
Looking for the 1%+ rule in cities outside of where I live
Hi guys, looking to start investing outside of my current city which is seeing about a 1/2% rule on the sales price. So a $400k house rents for $2,000 on average. Looking for other cities with decent size populations that are still seeing a 1-2% of the sales price in monthly rents. I know that is really broad but where are some areas that you guys are investing in out of state? Thanks!
Most Popular Reply
Dennis M.
#5 General Landlording & Rental Properties Contributor
#5 General Landlording & Rental Properties Contributor
- Rental Property Investor
- Erie, pa
- 9,407
- Votes |
- 6,023
- Posts
Dennis M.#5 General Landlording & Rental Properties Contributor
#5 General Landlording & Rental Properties Contributor
- Rental Property Investor
- Erie, pa
I would only buy if I got 3-5% rule but I’m in the Midwest and I don’t give a crap about appreciation