Columbia, SC Market?

[Casey Ratlief]

Been looking into the Columbia market and it seems attractive. But I have read conflicting reports about its future prospects.

I’ve seen reports highlighting its population growth potential: http://www.thestate.com/news/l...

And I’ve seen reports throwing cold water on their growth prospects: https://www.postandcourier.com...

Anyone have experience there?  what are you thinking about this market long term?

[Dan Long]

I think future appreciation in the Columbia area is not as high as other areas (especially where the current values sit today), but I have not had issues finding properties that cash flow comfortably, even with the high property taxes. You just have to take them into account before submitting an offer. There is no substitute for knowing and sticking to your numbers. I bought 4 properties last year off of the MLS that all meet/exceed the 1% rule and used traditional financing.