Are you a parent of a soon-to-be college student? Or maybe you already have one and you need a great way to invest in real estate for yourself, and them?!?
Here’s how:
1. Buy a 4 bedroom house near the university, with minimum cash down
2. Do some minor fix-up and repairs, make it look cool
3. Let your college student live there through college with 3 other roommates. The roommates can cover your mortgage payment and save you from having to pay rent for your student
4. After graduation, you can 1031 the house into another investment OR (even better) you can give the house to your college student as an investment property and help them begin building wealth through real estate.
Compass
5960 Berkshire Ln, #700
Dallas, TX 75225
The Indigo Skye Group
