Skip to content
Two investors reviewing resources on a laptop

Get industry-leading resources — for free

Unlock resources for every investing strategy and stage with a free account.

By continuing, you agree to BiggerPockets LLC's Terms of Use and Privacy Policy

Followed Discussions Followed Categories Followed People Followed Locations
South Carolina Real Estate Q&A Discussion Forum
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

User Stats

9
Posts
1
Votes
Blair Ellis
  • Greenville, SC
1
Votes |
9
Posts

Wanting to rent while we build house

Blair Ellis
  • Greenville, SC
Posted

We're looking to build a house across the street and while we would ideally like to move once instead of twice, the reality of that isn't looking promising. Looking to see what kind of inventory is available to rent (if we were to list our house now, move #1 to a rental would likely be around October/November, then move #2 into the new house around February/March-ish of next year depending on speed of builder). Have 2 small kids and a medium dog (lab/mutt) so something with a fenced in back yard is preferred. Looking for A/B neighborhood. Yearlong lease is out of the question. Trying to help someone out who might have a vacancy and wants to limit reserve loss in the current environment.

Most Popular Reply

User Stats

3,510
Posts
3,262
Votes
John Teachout
  • Rental Property Investor
  • Concord, GA
3,262
Votes |
3,510
Posts
John Teachout
  • Rental Property Investor
  • Concord, GA
Replied

I think the value of having your house to live in, keeping a close eye on the construction site and not having to move twice would far outweigh the potential market downturn. Housing prices may go down in your area. Or not. I haven't seen any downward price pressure in our area. However, even if it does go down a bit, you have to balance that against the additional expenses you're going to have by selling, renting, moving, moving again. Commuting to the construction site and so forth.

Loading replies...