Columbus or Savannah?

[Milan Dixon]

Hey BP! I’m finally ready to take the leap and acquire my first property. I’m an agent in Atlanta but seeking for properties in Columbus or Savannah. Both are military cities and college towns with great potential for buy and hold investing. I’m curious of your thoughts though. I am leaning towards Savannah mainly because it’s a great city for tourism but not sure if I should still consider that a factor due to COVID. Also because it’s a coastal town I’m understanding I would have to get flood insurance for whichever property I acquire which would essentially eat into my cash flow but I’m not very familiar about flood insurance rates so I don’t want that to scare me off. Anybody familiar with these markets? And if so any insight would be helpful. Thanks!

[James Peterson]

@Milan Dixon I'm hoping to close a multifamily soon in Columbus. Columbus Georgia is not a high appreciating market but with that said, I would stick to Phenix City and North Columbus as they offer the best school systems and demand. The general forethought here is, the closer you are to Ft Benning, the worse the neighborhood (C+ to D). PM me if you want to talk more, I'm active duty military currently stationed in Columbus and more than willing to share my experiences with looking for a BRRRR and house-hack.