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All Forum Posts by: Judy Wang

Judy Wang has started 4 posts and replied 26 times.

Post: Is there any city can meet 1% rule now?

Judy WangPosted
  • Posts 27
  • Votes 11
Originally posted by @Jefferson Simmons:

Hi Wang! I am located in Manhattan, KS. A triplex came across my desk today for $210,000 that is rented for $2,100 through June 2022. 1% rule exactly!

Thanks Jefferson for sharing the experience. I would love to talk to you for further info. Could you send me your email? 

Post: Is there any city can meet 1% rule now?

Judy WangPosted
  • Posts 27
  • Votes 11

Hi BP community,

I am looking for property investment opportunities that can meet 1% rule. Based on my conversations with several agents in TX, FL and CA, the housing markets there are very crazy. Hardly can find 1% rental houses, and meet 0.5% might be the best. I am wondering, given current low interest rate and very hot housing market, is there any city can meet 1% rule?

Any advices and opinions are welcome! Very glad to join this community and share ideas with you!

Thanks!

Follow-up with the poster. I am looking for investment opportunities in FL. Tampa is in my consideration. I am also very interested in Section8 rentals in Tampa. Anyone who are specialized in this feel free to connect with me. 

Post: Rental Property Investments in CA

Judy WangPosted
  • Posts 27
  • Votes 11
Originally posted by @Ryan Avila:

@Judy Wang

If you are really considering flipping houses in Stockton, I would recommend that you partner with someone who really knows and understands Stockton. Its a very hit and miss city, a couple decent areas but A LOT of really bad areas. Based on violent crime statistics, Stockton is the most dangerous city in California and the tenth most dangerous city in the country. Also the poverty rate in stockton is almost double the state average. 

Im not saying its not doable, just saying find someone who knows the market. You probably wont want to find yourself flipping houses in war zone neighborhoods.  

Thanks for your advice!

Post: investing long term in North Port?

Judy WangPosted
  • Posts 27
  • Votes 11

@Wesley Davis, could you send me your info as well. I am also very interested in North Port in Florida. 

Post: Rental Property Investments in CA

Judy WangPosted
  • Posts 27
  • Votes 11

Hi BP followers, I am also a resident in Bay Area, CA. The housing market in Bay Area is very crazy and I can't find any profitable fix and flip projects here. I am also considering Stockton as a potential investment area but I have never been there before and have very limited knowledge about that area. if any expertise who dives in the Stockton, CA housing market would like to share some detailed information regarding fix and flip in Stockton, pls feel free to pin me or message me here. Thank you so much!

Btw, a little background about me: I have several investment properties out of CA and all of them have been rented out and have good cash flow. I have been interested in fix and flip for a while and considering Stockton could be my first fix and filp project, if Stockton is a good choice.