Updated about 8 years ago on . Most recent reply
Does school play a huge factor in rental rates or time to lease?
I'm analyzing houses in neighborhoods where market value is 100-150k: Pasadena. Some schools are bad and some are decent in this area.
Do houses zoned to decent schools get leased quicker?
Do they command higher rental rates?
Most Popular Reply
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.