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re: Rental Property Investment

Posted on 6/17/15 at 12:18 pm to
Posted by GenesChin
The Promise Land
Member since Feb 2012
37709 posts
Posted on 6/17/15 at 12:18 pm to
Condos & houses near Auburn University have a hard time renting out for >1%
Posted by Tiger n Miami AU83
Miami
Member since Oct 2007
45656 posts
Posted on 6/17/15 at 12:20 pm to
Yeah, I mean there is no fricking way. 1% is about impossible unless you buy something shitty or foreclosure and sink a bunch into improving it.
Posted by Hoyt
Alabama: The Beautiful
Member since Aug 2011
5397 posts
Posted on 6/17/15 at 12:20 pm to
Probably depends on the market, but in rural Alabama where I own 15 rental units, that seems to be my sweet spot. I typically deal in $50k homes and below in decent neighborhoods.
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