Investor · Cypress, TX · Member since 2016 · 80 posts · 28 votes
9y
One of the factors but not huge in my opinion, although homes in decent/good school will expose to more tenants. It also depends on what kind of tenant you target to. To me, if home is in good condition, right price, it will get leased out.
Investor · Cypress, TX · Member since 2016 · 80 posts · 28 votes
9y
One of the factors but not huge in my opinion, although homes in decent/good school will expose to more tenants. It also depends on what kind of tenant you target to. To me, if home is in good condition, right price, it will get leased out.
Houston, TX · Member since 2016 · 71 posts · 23 votes
9y
I only buy homes that are walking distance to an elementary that has a high “great schools” rating. It’s not that I trust “great schools”, I don’t know anything about the site other than that’s what Realtors show their buyers.
Real Estate Investor · Williamson County, TX · Member since 2011 · 1k+ posts · 961 votes
9y
I think the appreciation rate will be a little higher with better schools, and in down markets will rent better, but I am always surprised at how well and for how much homes with lower ranked schools are renting. I sometimes wonder if tenants with lower credit profiles are willing to pay up for a house just because they were accepted as tenants.