GreatSchools.com for investment criteria

1 Reply

When evaluating school districts to buy rentals near. What's more important. Elementary, intermediate or High schools?

I have noticed some areas have a mix of bad and good. I want to focus on greatschools.com rating of 7 or higher.

Thanks!

@Ben Unger this is so market specific. For instance, I just bought an apartment building in Berwyn, IL. Berwyn is one of the best communities right now for finding cash flowing rentals in the Chicago suburbs, but the schools are not great. To buy rentals in my area in top school districts, you would have to buy at a 6.5-7 cap. I prefer 10-12 cap deals myself!

Free eBook from BiggerPockets!

Ultimate Beginner's Guide Book Cover

Join BiggerPockets and get The Ultimate Beginner's Guide to Real Estate Investing for FREE - read by more than 100,000 people - AND get exclusive real estate investing tips, tricks and techniques delivered straight to your inbox twice weekly!

  • Actionable advice for getting started,
  • Discover the 10 Most Lucrative Real Estate Niches,
  • Learn how to get started with or without money,
  • Explore Real-Life Strategies for Building Wealth,
  • And a LOT more.

We hate spam just as much as you