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College and University Discussion
Reply to "what colleges for real estate investment"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Is there a reason why it has to be a college town? Shouldn't you want to invest in places with good returns, landlord-friendly laws, etc. regardless of whether they are college towns ?[/quote] Parents will pay an insane amount per month in a shared rental for their kids housing. I went to college in 1996 in a desirable area. I lived in a 6 bedroom, 2 bath rental with 11 other girls. We paid $6000 a month in 1996! When I graduated, I lived in NYC and paid $1250/month for a 1 bedroom.[/quote] That’s only $500 per month per person, or $1000 per month per room, both less that you paid for your 1-bedroom. I’m not seeing how this illustrates the insane expense point. [/quote]
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