Properties in College Towns

  • Properties in College Towns

     Seif Hassan updated 3 years ago 2 Members · 2 Posts
  • Manpreet Kaur

    Member
    November 20, 2019 at 6:06 am

    Hello everybody! So it occurred to me the idea of buying properties in college towns because annually, we get a lot of students coming into towns to stay for the academic year. So, based on my prior assessment, I should be able to get constant passive income from renting out a property in a college town. However, I am aware that the cost of securing a property in college towns can be massive. So, is the large investment worth it? Any thoughts on the matter are much appreciated!

  • Seif Hassan

    Member
    November 26, 2019 at 3:04 am

    I can’t really explain from a property expert POV but for me, as a college student, living close to campus is one of my biggest priority when finding housing. The burden of college coursework combined with a commute commitment is really my nightmare given that I would be so tired and dismiss assignments to get the rest that I need.  Admittedly, depending on the housing density in the college area, the price can fluctuate and get into the 6-figure range. But then again, there will always be students who need to rent a place during their entire academic year. The cost is really a subjective thing depending on what you can currently afford but from a student POV, I’d say it is a really good investment opportunity. 

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