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Message
Considering a move to Columbia, SC area
Posted on 8/29/16 at 10:13 pm
Posted on 8/29/16 at 10:13 pm
From BTR. I would be keeping my current job and working remotely.
I currently have a 2br townhouse that did not come close to flooding.
Should I rent it out? Should I take advantage of the market and sell it and make some extra cash?
I really don't know if I would ever move back this way or not.
I currently have a 2br townhouse that did not come close to flooding.
Should I rent it out? Should I take advantage of the market and sell it and make some extra cash?
I really don't know if I would ever move back this way or not.
8
Posted on 8/29/16 at 10:42 pm to SG_Geaux
Rental prices have skyrocketed I hear but sell prices aren't really jumping up to much yet.
Posted on 8/29/16 at 11:17 pm to SG_Geaux
Why are you moving?
In the short term, renting it out will cause more of a jump in monthly cash flow, then selling it would cause a jump in sales price.
How quickly can you be out of it? If you want to rent it... the time to do so is immediately. Wait too long, and FEMA will have enough mobile homes on the ground, and that whole fixing up rental properties program, where the rents will come back down.
In the short term, renting it out will cause more of a jump in monthly cash flow, then selling it would cause a jump in sales price.
How quickly can you be out of it? If you want to rent it... the time to do so is immediately. Wait too long, and FEMA will have enough mobile homes on the ground, and that whole fixing up rental properties program, where the rents will come back down.
Posted on 8/29/16 at 11:23 pm to LSUFanHouston
quote:
Why are you moving?
Personal reasons. I don't have to move. I would be choosing to.
quote:
How quickly can you be out of it?
A month. Maybe two. This place is in a pretty prime spot.
This post was edited on 8/29/16 at 11:26 pm
Posted on 8/30/16 at 10:15 am to SG_Geaux
quote:
A month. Maybe two. This place is in a pretty prime spot.
The "pop" maybe over in a month or two, depending on how fast those mobile homes get here and how fast that new rapid repair program works. If you could have your house available for rent like tomorrow, you could be in some good shape.
Another issue to consider is that someone signs a year lease and then walks after three months when their house is repaired. Are you gonna wanna deal with trying to find another tenant right after you move?
I think if you want to move, move, if you don't, don't, I would not let this storm change your thinking, whatever it is.
Posted on 8/30/16 at 10:16 am to SG_Geaux
quote:
SG_Geaux
Do it.
We getting a nice little OT crew together here in the Soda City
Posted on 8/30/16 at 9:12 pm to CidCock
We'll see. It may well happen. Got some other questions I have to get answered first. I can't just pick up and go.
Posted on 8/30/16 at 9:20 pm to SG_Geaux
Try Greenville instead of Columbia
Posted on 8/30/16 at 11:51 pm to SG_Geaux
If not going back lose the headache sell and start a new life. Congrats on getting out of Louisiana the people for most part are great but the infrastructure and government well......
Posted on 8/31/16 at 12:29 am to SG_Geaux
I look forward to your post, "Considering a move away from Columbia, SC area," six months from now.
Posted on 8/31/16 at 11:09 am to SG_Geaux
I look forward to your post, "Considering a move away from Columbia, SC area," six months from now.
Consider Atl if your job allow you won't regret it lots to do soooo many nice areas very progressive and the scenery is unique city hidden among mountains of trees
Consider Atl if your job allow you won't regret it lots to do soooo many nice areas very progressive and the scenery is unique city hidden among mountains of trees
Posted on 8/31/16 at 11:58 am to SG_Geaux
Know someone that recently moved to Charleston, SC and have fallen in love with the city and never want to move. Columbia is not nearly as nice.
As someone in the Real Estate game. Do NOT be a long distance landlord. WAY more risks than benefits. Sell and move on.
Good luck and congrats on leaving this sinking ship of a state.
As someone in the Real Estate game. Do NOT be a long distance landlord. WAY more risks than benefits. Sell and move on.
Good luck and congrats on leaving this sinking ship of a state.
Posted on 8/31/16 at 12:01 pm to PeoplesChamp29
Atlanta fricking blows
Posted on 8/31/16 at 12:25 pm to Haughton99
My long time long distance GF lives in the Batesburg-Leesville area. Looking to move closer so we can do the normal dating thing.
That is what this is all about.
Charleston is probably not an option. A little too far.
I would be working from home. So I would want my living situation to be a decent balance between proximity to her vs proximity to shopping, dining, movies, etc... I am used to being close to everything.
I don't care AT ALL about bars.
That is what this is all about.
Charleston is probably not an option. A little too far.
I would be working from home. So I would want my living situation to be a decent balance between proximity to her vs proximity to shopping, dining, movies, etc... I am used to being close to everything.
I don't care AT ALL about bars.
This post was edited on 8/31/16 at 12:26 pm
Posted on 8/31/16 at 10:10 pm to SG_Geaux
Columbia is OK but there are better places in south Carolina to live
Posted on 9/1/16 at 12:27 am to tigers1956
Such as?
Keep in mind the post above yours. I need to be a reasonable distance from the GF or there is no point in me moving up there.
Keep in mind the post above yours. I need to be a reasonable distance from the GF or there is no point in me moving up there.
Posted on 9/1/16 at 7:17 am to SG_Geaux
We live in Evans just west of Augusta. Moved from Louisiana last August.
We love it here. Augusta itself, well it's ok, but the suburbs around it offer great schools and a functioning government which has been a welcome change.
Roughly 2 hours from the beach and 2 from the mountains.
We are really liking it
We love it here. Augusta itself, well it's ok, but the suburbs around it offer great schools and a functioning government which has been a welcome change.
Roughly 2 hours from the beach and 2 from the mountains.
We are really liking it
Posted on 9/1/16 at 7:29 am to PeoplesChamp29
quote:
Consider Atl
Posted on 9/1/16 at 8:23 am to SG_Geaux
quote:
I really don't know if I would ever move back this way or not.
Sell it. Free up the capital and invest it elsewhere.
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