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All Forum Posts by: Tanjeem Rhyne

Tanjeem Rhyne has started 1 posts and replied 1 times.

Georgia Real Estate Q&A Discussion Forum

Post: Atlanta areas rentals that break the 1% rule(possibly 2% rule?)

Tanjeem RhynePosted
  • Lilburn, GA
  • Posts 1
  • Votes 1

Hey guys,

I'm in the market for rentals(I'm working with a partner) and I've been looking the past few days on MLS for rental properties. Ideally I'd like something that breaks the one percent barrier(meaning monthly rent is . But I have been pondering for the last few days....

Is this even a realistic goal? 

I've been using JScott's single family rental expense spreadsheet and have been turning down properties(in the Kennesaw and Norcross) areas left and right. 

I'll get decent cashflow for a few properties but I'm wondering my expectations are too high. 

Thanks,

Tanjeem

1 Vote