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Real Estate Tips
Investment Real Estate >Your Own Dormitory

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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Real Estate Trivia
Q 
What country of the world has the highest percentage of private housing?

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Mongolia, where 100% of all properties are owner-occupied.
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The Kelly Hager Group, REALTOR®, real estate agent and broker for O'Fallon, Lake St. Louis and Wentzville, Missouri home listings, property and land for sale - NUMBER1EXPERT(tm)

The Kelly Hager Group
Keller Williams Realty West

5377 Highway N
St. Charles, MO 63304
Direct: 314-580-7000
Office: 636-229-8690
Fax: 636-898-4328
kellyhager@NUMBER1EXPERT.com

The Kelly Hager Group with Keller Williams Realty West is a group of realtors that is dedicated to client satisfaction. We advise and consult with our clients to make sure all of their needs are met and that they walk through the home buying and home selling process with ease. If you need help buying, selling, building, or relocating in the Saint Louis, Saint Charles, O'Fallon, Lake St. Louis, Wentzville area, please call Kelly directly at 314-580-7000.

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