Back to School Real Estate Investing
It’s just about that time…back to school season is upon us. The back to school season is often characterized by parents and students making last-minute mad dashes to purchase school supplies, uniforms, bus passes or books. This year, parents with college-bound students or investors interested in college towns may be considering an unusual back to school purchase – a rental property.
According to the Move, Inc. investor survey, 50 percent of today’s real estate investors plan to hold their properties for five or more years.(15) With typical undergraduate programs lasting four years, college students can be considered potential long-term tenants for investors planning to hold their property for an extended period of time.
For a complete list of the top ten college towns that make the grade for investment appeal, go to: http://www.move.com/trends/best-back-to-school-real-estate-investment-cities-data/