Rental Property Investor · Brooklyn, NY · Member since 2019 · 17 posts · 4 votes
I want to choose areas near my city to invest in for rentals and I’m wondering how strong of a role do school ratings play? What is the minimum score that one should look for in order to invest in that area?
I've been surprised by how many tenants don't care about school district, but for resale value school districts are important. It also depends on what rating system you are using.
@Tamir Nachum, actually the rental market is probably better around lower rated schools (just a hunch).
I suspect school ratings somewhat follow affluence. More affluent areas tend not to cash flow as well in general. So, these lower rated schools are probably in C class areas rather than A/B class.