The Upstate of South Carolina has much to offer. It’s within a few hours of both beaches and mountains, home to more than 240 international companies, and enjoys a consistently lower unemployment rate than the state and national average. For these reasons—not to mention its growing downtown and exceptional quality of life—Greenville, SC, is consistently ranked as one of the country’s best places to work and live.
So what does that mean for the area’s cost of living?
Spring? Summer? Fall? Winter? Unfortunately there isn’t an exact science to the best time to sell a home. A quick online search will show suggestions across the board—some say spring, while others swear it’s winter. Still, it doesn’t have to be a complete shot in the dark; there are some factors to consider.
Owning a rental property can be a lucrative investment. First, there is the idea of renters paying off your property with their money. Then, in this day in age of relatively low interest rates, the average annual return of over 9 percent from residential rental property in the U.S., according to RealtyTrac in October 2014*, is certainly tempting.
But before you jump in, there is a lot to consider—and more than just “What kind of rent can I get?”