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Buying a home for your student

stephenmooreREstephenmooreRE Registered User Posts: 1 New Member
edited May 2011 in Cal Poly San Luis Obispo
With inflated rental prices in college towns, why not buy a home for your student?
Post edited by stephenmooreRE on

Replies to: Buying a home for your student

  • NICKOFSTEELNICKOFSTEEL Registered User Posts: 14 New Member
    What? Is this an offer or a suggestion?
  • 3togo3togo Registered User Posts: 5,233 Senior Member
    edited May 2011
    because you're then an absentee landlord and, as a parent the biggest reason for my kids, I want them to have the flexibility to pick dorm, frat, or apartment whichever they prefer ... and finally, in an mediocre housing market the financial seem less than obvious to me and certianly not worth lising felxibility.
  • 2Leashes2Leashes Registered User Posts: 1,632 Senior Member
    To stephenmooreRE:

    I take it the RE after your name stands for Real Estate? :)
  • bjornredtailbjornredtail Registered User Posts: 142 Junior Member
    Can that be made to economically work? Housing is still very expensive in SLO proper and rents have fallen quite a bit since PCV opened up. You might end up paying more in intrest, taxes and fees than you would save on rent.
This discussion has been closed.