Should You Buy a Rental Home for Your College Student

By
Real Estate Agent with Premier Sotheby's International Realty BK659279 

Many parents of Embry Riddle Aeronautical University students here in Daytona Beach consider it a good idea to purchase a rental home or condo for their student to live in while he or she attends college.

There are many benefits to purchasing real estate, such as fixed housing expenses and potential appreciation.  Your student won't have to look for a new aparment or housing to live in every year. 

Of course, there are other factors to consider when making such a major decision, and there are additional costs to home ownership, insurance, and taxes over renting.  

Contact Joyce Marsh for information about purchasing in the greater Daytona Beach area.  

 

Posted by

Joyce Marsh Team at Premier Sotheby's

Joyce Marsh, CLHMS, SRES, CSP, CNE, Broker Associate

Megan Marsh, Broker Associate and Coastal Investments

Premier Sotheby's International Realty

386-299-8291   joyce.marsh@sothebysrealty.com        

www.JoyceMarsh.com  

   

Premier Sothebys International Realty Joyce Marsh Broker Associate   

Sotheby’s International Realty® is a registered trademark licensed to Sotheby’s International Realty Affiliates LLC. Each Office Is Independently Owned and Operated

Copyright 2008-2018 Joyce Marsh.  All Rights Reserved.  Information from sources deemed reliable, but not guaranteed.

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Rainmaker
2,675,063
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Great question and I have seen clients buy homes for their kids who in turn make it into an income producing property i.e.: a three bedroom Condo becomes a mini dorm for six to eight students at a reduced rate compared to others...Endre

Apr 22, 2018 11:00 PM #1
Rainmaker
2,605,597
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker

Good morning Joyce. We considered it when my son was at the University of Florida until he found an apartment complex with every amenity known to mankind. Enjoy your day!

Apr 23, 2018 05:02 AM #2
Rainmaker
3,959,224
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

This is good information for parents of kids who will be going to college. Thank you for sharing 

Apr 23, 2018 05:03 AM #3
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Rainmaker
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Joyce Marsh, Daytona Beach Florida

Two Decades Of Experience Selling Luxury Homes...
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