Buying VS Renting for Your College-bound Kid

    Prices in many real-estate markets are booming again. So the idea of buying a condo for your college-bound kid to use while in school may have some traction. You could avoid paying through the nose for a dorm room or apartment with no hope of any profit. And if you buy a condo that has some extra space, you can rent it out to your kid’s pal(s) and offset some of the ownership cost.

    While buying a college condo is a pretty attractive idea purely from a tax perspective, it really only makes sense if you expect to come out ahead cash-wise when all is said and done. If you can buy relatively low now and sell high later, you’ll be glad you did the deal.

    realtor-logo-v3

    Trackback from your site.

    Leave a Reply

    Reviews on Zillow

    4207853

    “I have worked with several realtors in my life; all of whom have been very good. But, this is the first time I’ve received such a level of service … more
    5.0/5.0
    by zuser20180320113001915

    3768616

    “We could not recommend Chad highly enough. He has an extremely thorough knowledge of the Bryan/College Station market and was a tough negotiator on … more
    5.0/5.0
    by user67984911

    3565523

    “I had to sell in order to buy, which can be stressful. Lynn made it look easy. She guided me in a very professional way trough at times confusing … more
    5.0/5.0
    by LuzRomero