To Move or Not to Move... Charleston to Greenville, SC

[Melissa Searing]

So, I have been talking with local investors in Charleston and I am hearing that the market is too hot and that I should wait until there is a shift before I invest. They're saying that cash investors will beat you to every deal and that prices are just too high in general. 

SO... I work from home, so I can live anywhere... and I'm thinking about re-locating to Greenville, SC in order to start investing. It's an up-and-coming city with great growth projections. I am thinking it must be easier to invest there than in Charleston? I'm kind of bummed out at the thought of not investing in Charleston, though. The ocean isn't going anywhere (at least for awhile!) so I think that adds value that Greenville will never have. And I think Charleston is just a pretty great city. 

But I digress. I'm wondering if anyone has any feedback about the market in Greenville? 

Thanks!

[Prag Patel]

Melissa, I have heard "the market is too hot" virtually everywhere I've lived. In my short time on this planet, I have learned one thing: you can't put a price on happiness. If you're happy in Mt. P, you should stay there. There are deals to be had everyday in this area, you just have to look harder than other towns. If you like Greenville as an investment only, it is doable to invest from out of town, don't move simply to be "closer" to an investment.