I'm off and running
Well, we took the first step and bought our first student rental. We'll close on it the end of January if all goes right. My daughter will live in it for 2 years, so we're set for now. We do plan on keeping it 15 years at least.
Replies to This Discussion
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Permalink Reply by Dee Allomong on -
Congrats Todd - that is great. What type of rental did you end up buying? A condo?
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Permalink Reply by Todd Mayclin on -
It's a single family home. It is a rental now, so it is licensed. 5 br, about 8 blocks from campus. It's in great shape, needs a little paint. Inspection is this Friday.
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Permalink Reply by Terri Featherston on -
That's fantastic! Good for you!
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Permalink Reply by Gordon Sutton on -
Congrats Todd! Where is your rental? We provide a service that generates a lot of revenue for college town properties. http://collegeweekends.com/ Let me know if you have any questions. If you are interested and in a market we have not tapped yet we will get your listing up for free
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Permalink Reply by Todd Mayclin on
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This one is in Duluth, Minnesota. UMD Bulldogs.
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Permalink Reply by Echo Cheng on -
Congratualtions! Todd. I did the same thing 15 years ago while my daughter was study at the University. And I felt the need for professional property management tools. After many years hard work, MyOwnRealEstate.com launched a Web Based and Mobile-enabled solution. It is an easy-to-use subscription service.
For more details visit us @www.myownrealestate.com
p.s. Those managing no more than two units can use the service abolutely free -
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