The only thing you really need to know about the state capital of South Carolina as an income property investment opportunity is that 54% of the population are renters. But since it’s poor form to end a post after one sentence, let’s dig a little deeper.
Fort Jackson is the largest military training facility in the United States and provides a steadying influence for the area. As such, Columbia did not experience the juggernaut increase in housing prices that much of the rest of the nation experienced. That means it did not need to go through the obligatory price correction either. Everything stayed on a largely even keel and that’s good news for real estate investors.
In addition, Columbia is a thriving college town, which means – more renters. Beginning to see a pattern here? With a metro area population of about three quarters of a million people, its size is just about right to be recognized as the “top mid-size market for relocating families in the nation.”
To learn more about the excellent opportunity for income property investors in Columbia, especially in the student housing market, please watch the area presentation at www.JasonHartman.com/properties or call a Empowered Investor Network investment counselor at 714-820-4200.
The Platinum Team
Wikipedia / Akhenaton06
