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College and University Discussion
Reply to "Buying a house for college housing"
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[quote=Anonymous]I live in a college town. Our current home was bought by parents for their kid to live in while in school. Then they gifted it to her as a graduation gift (yes, this felt insane to us). We got a hefty discount on the price because there was lots of deferred maintenance to be done - we got quite a bargain because we were willing to do the work of renovation. No regrets on our part. I would advise you to think about maintenance because you can't trust a college-aged kid to keep that up or know how to handle the usual stuff that comes with a home, even a condo.[/quote]
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