The College Student Home Purchase Strategy

College StudentThe cost of going to college is skyrocketing, and tuition is only one component.

Housing is also a critical piece of the puzzle, as good dormitory rooms have become expensive and scarce.

Have you considered purchasing a property in a college town and having your son or daughter act as a landlord?

It’s true! Many kids simply aren’t ready to handle the chores and responsibility. But others are ready for the task, including friends who have students heading to college.

As your local RE/MAX agent, I’ll help you run the numbers for an investment home or condominium near a college or university.

What would the home be worth four or five years from now? How do local rents compare with dorm costs?

Let’s take some time to discuss and see what’s possible.