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Investment Real Estate >Your Own Dormitory
Your child has just been accepted to a university. When you look at the room and board fees, you nearly go into shock! If the school is located in a large metropolitan area, there is an interesting alternative to the college dormitory.
Many parents are investing in condominiums or single family homes near the college campus. They rent the house to their children and one or more roommates. When their son or daughter graduates, they sell the property. The property's anticipated appreciation may go a long way toward helping to finance college expenses.
Many parents sit down with a local real estate agent after their son or daughter is accepted to a college. A real estate agent can provide information about neighborhoods near the school, properties that are for sale, and the amount of rent you can expect to receive from the property.
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What area in the U.S. has been referred to as the "American Riviera"?
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Miami Beach in Biscayne Bay is Florida's pre-eminent place for "people watching" and a hot spot for celebrities.
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Ron and Bev Hollenbeck
RE/MAX First Advantage
1110 Center Parkway, Suite A
Kennewick WA, 99336
Phone #: 509-430-3231
Fax: 509-735-9755
Email: RonHollenbeck@remax.net
Honest. Dedicated. Sincere. We are Real Estate Professionals with experience helping our clients realize their real estate goals in a constantly changing, sometimes confusing industry. Whether you are relocating to the Tri-City area or have been a resident for a while, whether you are searching for a home or investment property, we want to partner with you to help you market, sell, and/or buy a home. You can depend on us to respect your wishes, protect your privacy, and ultimately facilitate a timely, smooth transaction. We look forward to hearing from you.   
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