College Towns Primed For 2012 Investors

By Natalie Dolce – GlobeSt.com

CAMPBELL, CA-As parents across the country prepare to send their college-bound students to school this fall, many quickly find student housing can be a huge financial undertaking. So says a recent report from Realtor.com. Because of that, according to the site, some are now considering buying homes for their students to live in with classmates, while other potential investors are looking at college towns for rental properties that’ll deliver a steady stream of student tenants and profits.

“I’ve had parents of students get frustrated with the huge price tag on some of the rentals here in the Boston area and they found that it made more sense to buy a condo for their child,” says Willie Mandrell of At Home Real Estate in Boston, in a prepared statement. “Most recently I worked with a Boston University student and her parents purchased a two-bedroom condo in South Boston for her to live in while attending school.”

Darla Jobkar of Northwood Realty Services adds, “Because we’re home to almost 10 colleges and universities within a 10 mile radius of the Pittsburgh city boundaries, there has always been a shortage of housing for students.  For this reason, college and university real estate investments in this area over the years have been a huge success to both long term and short term investors.”

Realtor.com also recently released its second annual round-up of college towns to consider when investing in real estate. Selected from the top 25 schools featured in a recent national report, 10 markets were chosen based on today’s average monthly rent prices compared to estimated mortgage payments of a median priced home in each city.

The list includes: Boston; Princeton, NJ; Chicago; Washington, DC; Houston; Philadelphia; Atlanta; Pittsburgh, PA; Providence, RI; and Los Angeles.

“In today’s market, many real estate investors aren’t necessarily the experienced short term investors of the past,” explains Errol Samuelson, president of Realtor.com. “In many cases, they’re average consumers interested in planning for their financial futures and they look to real estate as a longer term investment option. Rental properties in college towns can be a great option for some investors since schools can present a steady stream of renters that need housing.”

Tips for the Parent Landlord

Having a rental property can present challenges in many circumstances, so often investors hire management companies to deal with the day-to-day needs of renters, explains Realtor.com. “For parents whose tenants are their own child along with friends as roommates, setting up a business relationship can benefit both the parent and child. Tips include requiring the child and their friends to sign a lease agreement to guarantee a steady income each month while holding them accountable for condition of the property.”

According to Realtor.com, the lease should cover terms such as a designated day that rent is due, the security deposit and defines who pays utilities. “These terms will not only teach the students a valuable lesson, but will also protect the parent-landlord and child from a falling out among friends or other issues that can arise and jeopardize rental income.”

Leave a comment ?

74 Comments.

  1. I’ve recently started a site, the information you provide on this website has helped me tremendously. Thanks for all of your time & work.

  2. I’ll immediately grasp your rss feed as I can not in finding your e-mail subscription link or newsletter service. Do you’ve any? Kindly allow me recognise in order that I may subscribe. Thanks.

  3. Typically I can’t submit about weblogs, even so would want to declare that this sort of submit really forced myself to do this. Great post!

  4. Thanks for sharing excellent informations. Your site is so cool. I’m impressed by the details that you have on this web site. It reveals how nicely you perceive this subject. Bookmarked this web page, will come back for extra articles. You, my friend, ROCK! I found just the info I already searched all over the place and simply could not come across. What a great website.

  5. Wow that was odd. I just wrote an incredibly long comment but after I clicked submit my comment didn’t appear. Grrrr… well I’m not writing all that over again. Regardless, just wanted to say excellent blog!

  6. It’s a shame you don’t have a donate button! I’d most certainly donate to this excellent blog! I suppose for now i’ll settle for book-marking and adding your RSS feed to my Google account. I look forward to fresh updates and will talk about this blog with my Facebook group. Chat soon!

  7. This design is steller! You certainly know how to keep a reader entertained. Between your wit and your videos, I was almost moved to start my own blog (well, almost…HaHa!) Fantastic job. I really enjoyed what you had to say, and more than that, how you presented it. Too cool!

  8. I just could not leave your site before suggesting that I extremely enjoyed the usual info a person provide on your visitors? Is gonna be again steadily to check out new posts.

  9. I gotta favorite this web site it seems invaluable invaluable

  10. I gotta favorite this internet site it seems extremely helpful handy

  11. I like looking at and I think this website got some truly useful stuff on it! .

  12. I got what you intend, thankyou for putting up.Woh I am lucky to find this website through google.

  13. I totally love your site and find most of your post’s to be just just what I’m searching for. Do anyone offer visitor writers to post content for you personally? I would not mind producing a article or elaborating on most of the subjects a person write related to here. Again, awesome blog site!

  14. Thanks for your marvelous posting! I actually enjoyed reading it, you’re a great author.I will always bookmark your blog and may come back at some point. I want to encourage continue your great writing, have a nice evening!

  15. Awsome site! I am loving it!! Will be back later to read some more. I am taking your feeds also.

  16. I will immediately snatch your rss feed as I am unable to in acquiring your e-mail subscription hyperlink or perhaps newsletter service. Do you’ve any? Kindly allow me to recognise in order that I may subscribe. Thanks.

  17. I like this site its a master peace ! Glad I observed this on google .

  18. Most what i read online is trash and copy paste but i feel you offer something different. Maintain it like this.

  19. I will immediately grasp your rss feed as I can not find your email subscription link or e-newsletter service. Do you’ve any? Kindly let me recognise so that I could subscribe. Thanks.

  20. We stumbled over here different web page and thought I might as well check things out. I like what I see so i am just following you. Look forward to looking at your web page again.

  21. I’m glad to be 1 of many visitors on this outstanding web internet site (:, thankyou for putting up.

  22. I do not even know how I finished up correct here, nonetheless I believed this publish was good. I do not realize who you are but certainly that you are going to a well-known blogger when you’re not already Cheers!

  23. Hi, i think that i saw you visited my weblog so i came to “return the favor”.I’m attempting to find things to enhance my site!I suppose its ok to use a few of your ideas!!

  24. Good work! Thanks for these types of topical article when i had been capable to find the following. I believe much regarding what’s prepared here and I shall be coming returning to this website again.

  25. I really like looking at and I conceive this website got some genuinely utilitarian stuff on it! .

  26. Some honestly good and also beneficial information on this web site, besides I think the fashion contains amazing features.

  27. I am impressed with this web site , very I’m a fan .

  28. I love what you guys are usually up too. Such clever work and coverage! Keep up the fantastic works guys I’ve incorporated you guys to my own blogroll.

  29. Thank you pertaining to sharing that excellent written content on your site. I ran into it on google. I am going to check back again once you publish much a lot more aricles.

  30. Hi my friend! I want to say that this article is amazing, nice written and include almost all significant infos. I’d like to see more posts like this.

  31. You need to take part in a contest for probably the greatest blogs on the web. I will advocate this web site!

  32. I’ve already been browsing on-line greater than 3 hrs nowadays, but I in no way discovered any attention-grabbing post like your own. It’s gorgeous price enough to me. Personally, if just about all web managers and web owners made ideal content when you probably would, the web may be much a lot more helpful than previously.

  33. Wow, marvelous web site layout! How long have you ever been running a blog for? you help to make blogging glance easy. The total look of one’s web site is excellent, neatly because content!

  34. Great web site. Plenty of useful info here. I am sending it to some friends ans also sharing in delicious. And certainly, thanks for your effort!

  35. You made some good points there. I did a search on the subject matter and found most folks will have the same opinion with your blog.

  36. I am glad to be a visitor of this perfect web blog ! , regards for this rare information! .

  37. Definitely, what a fantastic site and enlightening posts, I will bookmark your website.All the Best!

  38. Hello there I am so grateful I found your website, I really found you by mistake, while I was searching on Yahoo for something else, Nonetheless I am here now and would just like to say thanks for a incredible post and a all round interesting blog (I also love the theme/design), I don’t have time to browse it all at the minute but I have book-marked it and also added in your RSS feeds, so when I have time I will be back to read a lot more, Please do keep up the superb job.

  39. But a smiling visitant here to share the love (:, btw outstanding style and design .

  40. Have you ever thought about publishing an ebook or guest authoring on other websites? I have a blog centered on the same topics you discuss and would really like to have you share some stories/information. I know my viewers would value your work. If you’re even remotely interested, feel free to shoot me an email.

  41. Attractive portion of content. I just stumbled upon your weblog and in accession capital to assert that I get in fact loved account your weblog posts. Any way I’ll be subscribing for your augment and even I fulfillment you get right of entry to constantly quickly.

  42. I used to be very pleased to find this web-site.I needed to thanks on your time for this excellent read!! I positively having fun with each little little bit of it and I have you bookmarked to check out new stuff you weblog post.

  43. I was wondering if you ever considered changing the layout of your site? Its very well written; I love what youve got to say. But maybe you could a little more in the way of content so people could connect with it better. Youve got an awful lot of text for only having one or two pictures. Maybe you could space it out better?

  44. Please let me know if you’re looking for a article writer for your weblog. You have some really good articles and I believe I would be a good asset. If you ever want to take some of the load off, I’d really like to write some content for your blog in exchange for a link back to mine. Please shoot me an email if interested. Regards!

  45. Im obliged for the blog article.Really thank you! Want more.

  46. hello!,I love your writing so so much! percentage we communicate extra about your post on AOL? I require an expert on this area to resolve my problem. May be that’s you! Looking forward to peer you.

  47. I prefer these the knowledge normally. I like to a lot.

  48. As a Newbie, I am continuously exploring online for articles that can benefit me. Thank you

  49. I was same pleased to find this web-site.I required to thanks for your time in support of this superb read!! I without doubt enjoying each insignificant small piece of it and I have you bookmarked to ensure out original things you blog post.

  50. Superb posting having absorbing statistics. You might want to later to the present matter!?!

  51. Hi there! I simply wish to give a huge thumbs up for the great data you’ve got here on this post. I will be coming again to your blog for more soon.

  52. I don’t commonly comment but I gotta admit thankyou for the post on this amazing one : D.

  53. Real clear web site, appreciate it for this post.

  54. pretty useful stuff, overall I consider this is really worth a bookmark, thanks

  55. Remarkable creating, at previous revealed an internet site for uncommon designed textures

  56. I like to look around the online world, often I will just go to Digg and follow thru

  57. I genuinely enjoy reading through on this site, it contains wonderful articles .

  58. Hey there, You’ve done an incredible job. I’ll certainly digg it and in my view recommend to my friends. I’m confident they will be benefited from this site.

  59. Hey there this is a superb write-up. I’m going to e mail this to my friends. I stumbled on this while exploring on google I’ll be sure to come back. thanks for sharing.

  60. Hey there! This is my first visit to your blog! We are a group of volunteers and starting a new initiative in a community in the same niche. Your blog provided us useful information to work on. You have done a outstanding job!

  61. I hope you never stop! This is one of the best blogs Ive ever read. Youve got some mad skill here, man. I just hope that you dont lose your style because youre definitely one of the coolest bloggers out there. Please keep it up because the internet needs someone like you spreading the word.

  62. certainly enjoyed your article, keep all of them coming

  63. Great goods from you, man. I’ve take into account your stuff previous to and you’re just extremely great. I really like what you have received right here, really like what you’re stating and the way in which during which you say it. You are making it entertaining and you continue to take care of to stay it sensible. I cant wait to learn much more from you. That is actually a wonderful site.

  64. I was examining some of your blog posts on this internet site and I believe this website is real instructive! Keep on putting up.

  65. Youre so awesome, man! I cant believe I missed this blog for so long. Its just great stuff all round. Your design, man…too amazing! I cant wait to read what youve got next. I love everything that youre saying and want more, more, MORE! Keep this up, man! Its just too good.

  66. Hi, I just found your web site via yahoo. Your article is truly pertinent to my life currently, and I’m really pleased I discovered your website.

  67. Just a smiling visitor here to share the adore (:, btw outstanding layout.

  68. I’ve been recently meditating on the exact same thing personally recently. Delighted to see a person on the same wavelength! Nice article.

  69. Just want to say your article is as astonishing. The clarity in your post is simply cool and i could assume you are an expert on this subject. Fine with your permission allow me to grab your feed to keep up to date with forthcoming post. Thanks a million and please continue the gratifying work.

  70. Excellent post. I was checking constantly this blog and I am impressed! Very helpful information specifically the last part 🙂 I care for such info a lot. I was seeking this particular information for a long time. Thank you and good luck.

  71. I believe you have mentioned some very interesting points , thanks for the post.

  72. very good publish, i certainly love this web site, carry on it

  73. Hey there, You’ve done an incredible job. I’ll definitely digg it and personally suggest to my friends. I’m confident they will be benefited from this site.

Leave a Comment


NOTE - You can use these HTML tags and attributes:
<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>


1 + one =