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Updated over 4 years ago,
Getting 3 percent returns
Hello
My name is Justin Curtis. I live in Waverly TN. About a hour west of Nashville. I currently have 36 doors. I was wondering if the rest of the country is getting good deals in small towns? I’m just getting ready to close on a house right in town. 3 percent return. We need housing in this town so bad.
Usually when I post a rental I’ll have 300 applications. This current rental will rent for 600 a month.
I guess my question is why does everyone focus on large cities with .5 percent return? Appreciation?
Have a great day