All Forum Posts by: Raj Mukherjee

@Dena Puliatti do you have a sense of rents ($/sq ft) in neighborhoods with good schools (8+ rating)? And how long does it take to rent? Scoping North Huntsville area - lets see.

I am experiencing the same. I found a couple of properties in decent school areas but it is pretty far from Huntsville and the P/R ratios are not that attractive. My hurdle rate has always been 15% IRR assuming a 2% annual appreciation rate (I understand that is low but I like to be pretty conservative buy and hold investor).

I am going to see if I get anything but if not, wait for the interest rates to go up to cool off market somewhat.

I understand there is no perfect answer here. However, I am looking to see if fellow investors have strong perspectives one way or another -

If you had a fixed amount of capital that you could invest, would you invest in Huntsville or Greenville? Inventory in both places is low, and we all know rents are going up making it possible to have a decent cashflow in both places.

I always look at jobs, population movement and affordability. It seems both cities fare well in those regards and are projected to continue to do well.

Next, I look at schools - Huntsville is much better it seems.

Finally, I look at housing starts, price points, infrastructure and safety - both cities are comparable, although Huntsville seems a bit better.

What am I missing? What would you do?

Thank you so much. Would you say Simpsonville is better vs Moore? I am trying to figure out as Simpsonville rent ($/sq ft) seems at least 20-30% higher.

Trying to get a good sense of whether to invest or not in the Moore area - seems new homes are going for 300K+ in that area. Any advice will be greatly appreciated.