Invest in Their Future…and Yours
It happened last year. I had a client with a son going to college in Northridge. Grand total for housing – $1,000/mo. For what likely was a cramped cracker box. Enter Terre Steinbeck. “Uh-uh,” I object. “You don’t need to be squandering precious greenbacks on cracker box rent when the young scholar can live in comparatively spacious home that you own lock, stock, and barrel. He gave me the green light. The hunt was on.
I scoured the land, and came up with a gem — a 2 bedroom/2 bath beauty with 2 master suites. Nice! My client snapped it up with gusto and gave his scholar a wonderful, roomy place to hang his hat. He also gave himself something in the process – a superb investment. The home currently is generating consistent income, thanks to another college student who is renting out the second master. And said property already has appreciated in the marketplace. How’s that for a double delight?
This obviously is a very smart dad, what with that very savvy investment move. And let’s not forget that stroke of genius demonstrated by calling in this dedicated Beverly Hills realtor.
But, hey, if he can do it, so can you. And you wouldn’t be alone. Across the country, a number of parents are considering home purchases to house their college age children, while investors are scouring college towns for choice rental properties.
If you’d like more info about investing in your child’s future and yours with a beautiful home, feel free to reach out to me. Or just fire your questions or comments into the box below. There’s always a vacancy.
And, of course, if you want to be connected to the latest info and opportunities in the Beverly Hills real estate market, I’m ready to make it happen. Call or email today.
(310) 666-4094 DIRECT
(310) 724-7100 OFFICE