Property in College Towns a Boon to Real Estate Investors, Parents
With colleges and universities getting in full swing the U.S.News & World Report states that, “According to Realtors in some of the nation's hottest rental markets, more parents are opting to purchase property for students to live in during their four-year college stint instead of forking over big bucks for on-campus housing or sky-high rents. Parents help defray the cost of purchasing property by leasing out rooms to their child's friends and classmates.” experts say. Go here to find the best college towns for real estate investors.
Source: "NARPM National Report" August 30, 2012
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