Your child has just been accepted to a university. When you look at the room and board fees, you nearly go into shock! If the school is located in a large metropolitan area, there is an interesting alternative to the college dormitory.

Many parents are investing in condominiums or single family homes near the college campus. They rent the house to their children and one or more roommates. When their son or daughter graduates, they sell the property. The property's anticipated appreciation may go a long way toward helping to finance college expenses.

Many parents sit down with a local real estate agent after their son or daughter is accepted to a college. A real estate agent can provide information about neighborhoods near the school, properties that are for sale, and the amount of rent you can expect to receive from the property.

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Jim and Mikki Snell, GRI
Prudential Northwest Properties
2318 Portland Rd., Suite 100
Newberg, OR 97132
Jim Direct: 503-351-5918
Mikki Direct: 503-381-5695
Fax: 503-520-2451
Email: portlandruralhomes@number1expert.com
Email: mikki@jimsnell.com

As two of America's NUMBER1EXPERTS™ in the Sherwood, Newberg, and Dundee area Jim and Mikki are well equipped to guide you through all your real estate needs. Call or email them today!