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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 characteristics must a home have to be considered a prestigious property?
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Unique architectural design; Highly desirable location; celebrity status--owned by a well-known person. |
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MISSOURI OFFICE
The Gresham Group
Reece & Nichols Realtors
100 Cedar Tree Square
Belton, MO 64012
Office: 816-348-4817
Fax: 816-322-5820
Toll Free: 1-800-421-6575
TheGreshamGroup@NUMBER1EXPERT.com |
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KANSAS OFFICE
The Gresham Group
Reece & Nichols Realtors
2140 E Santa Fe
Olathe, KS 66062
Office: 913-254-2579
Fax: 913-782-5023
Toll Free: 1-800-421-6575
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Each member of The Gresham Group is highly skilled and ready to help you find just the home you are looking for in today’s market. Financing is a snap with our fast no obligation, confidential pre-qualification. First time homebuyer, moving up, or down sizing, The Gresham Group has the answers to all your real estate questions. |
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