How important are school ratings with single family homes?

[Anthony Jasmine]

I'm analyzing some properties, and I'm finding some deals in which the crime is very low, but the schools are rated 4/10, 3/10, 5/10. What are your thoughts on the importance of school system ratings? What should you be aiming for in a high cash flow market? I'll post an example from trulia below. I'm looking for a long-term buy and hold.


https://www.trulia.com/p/pa/hanover/338-frederick-st-hanover-pa-17331--2015667546

[Blake Dailey]

The school zone is important to consider - maybe more so when selling because families will spend more to send their kids to a good school by buying in that school zone - but the same is true for renters as well. All things equal, being in a good school zone will help you fill vacancies faster and potentially charge higher rent. But you don't have to be in a great school zone to rent well, it will just increase your demand.