Purchase Real Estate In College Towns As A Longterm Investment

Are you looking for a residential real estate investment that can be a guarantee of appreciation over the long term? Purchasing real estate in college towns can be extremely rewarding, both financially and in terms of dealing with tenants. Colleges and universities across the United States are seeing an increase in enrollment, and dormitory and other student housing has been unable to keep up with this increased demand. Both students and faculty alike have an urgent need for housing, and this can mean great investment opportunities for you. Here are some things to consider when purchasing real estate in a college town.

• Look for cities with a population of less than 500,000. Cities of this size will tend to have a stronger infrastructure of transportation, support facilities such as shopping and hospitals, and industry and employment outside of the school community. People in towns of this size are used to the college or university being the center of activity.
• Choose a property that is no more than one mile from the college. This will enable your tenants to walk or bicycle to school much of the time, depending on the weather, and save them money for gasoline and parking fees. There is also an opportunity for nearby employment in businesses that directly serve the school community.
• Properties with