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Updated over 3 years ago,

Michael Tuck's profile image
Michael Tuck's profile image
Michael Tuck
  • Rental Property Investor
  • from Austin, TX
  • Member since Apr 8, 2021
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User Stats

9
Posts
2
Votes
Michael Tuck's profile image
Michael Tuck's profile image
Michael Tuck
  • Rental Property Investor
  • from Austin, TX
  • Member since Apr 8, 2021
Connect
Michael Tuck
  • Rental Property Investor
  • Austin, TX
2
Votes |
9
Posts
General Real Estate Investing

1% rule in Austin TX

Michael Tuck
  • Rental Property Investor
  • Austin, TX
Posted

Hello all, first post for me.

Does anyone know how to apply this rule to the Austin market? I've been looking for months and can't find anything that even touches 1% on austin. Or any other major market for that matter.

For example- my home is worth 350, and rent in my area is 1800-2100. Even at my original purchase price of 250K (4 years ago) I wouldn't meet that.

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