3 Reasons to Own Rental Properties in College Communities – Part 2

Having personally experienced the pleasure of owning rental properties in a college (university) town, there is a wealth of reasons to locate one’s properties in a community that houses a center of higher education. Listed below are just three of the myriad reasons a rental property owner should add college-town rental properties to their portfolio.* This article is part two of a two-part series4.) Good Tenants – Of course there are exceptions to this rule, but most college-town tenants are excellent tenants. They pay their rent (and utilities if required) on time, take care of the property, and are often very courteous to the property owner. From personal experience, pharmacy, legal, and engineering students are often the best tenants because they are constantly bogged-down with complicated homework; leaving them little time or want to party (they are also the most driven to succeed which also indicates a lack of partying).5.) High Tenant Turnover – Is this author kidding? Since when is high tenant turnover a good thing? Welcome to the world of rental property management in a college town. In this atmosphere, high turnover is a key to one’s rental success. First, every year there is a plentiful supply of new tenants, making it relatively easy to re-rent a property. Having tenants leave every one to three years gives the property manager the opportune time to slightly raise the rent, thus increasing the property’s income. Often, the new tenant doesn’t even realize the rent has been raised.6.) Inflated Property Values – This benefit is a double-edged sword. Property values in college and university towns are almost always higher the surrounding areas because of the increased demand for property within the town. This is good once one owns the property and begins experiencing the power of equity, but it is before one owns the property that it can be very dangerous. DO NOT over pay for a rental property in a college town. Run some numbers (often a net income evaluation) and make sure that the property will produce income at the given purchase price. If one over pays for a property, they have already destroyed their cash flow potential, so be careful.College towns are great towns for rental properties, but a few precautions should be taken before jumping in. First, investigate the town to make sure that there are enough tenants to go around and that the school is growing; not shrinking. Secondly, colleges and universities that have excellent graduate programs are more preferable, because they get older students that almost always live OFF campus. After satisfying the above two precautions, one is ready to enter the lucrative niche that this article’s title describes.

Posted in Uncategorized | Tagged , , | Comments Off on 3 Reasons to Own Rental Properties in College Communities – Part 2

Deciding on a College University Online Degree

Going to a traditional school could already be tough for some, so that makes trying to get a college university online degree a tougher one to do. Choosing what career to get into in the future is also a daunting task because of so many choices, and because you can’t really tell which would satisfy you. This makes picking the college university online degree a really, really tough challenge.

Yes, it could get a little expensive if you pursue a college university online degree but that depends on what course you are taking. The schools usually provide some financial assistance to their students so, you can inquire about that if there’s any.

These schools that offer college university online degree use a lot of methods to test their students like MCAT, MAT, TOEFL, GRE, and LSAT. These tests could be puzzling but there are a lot of information about each of them that you can read up on so you can understand them better.

Just because you are studying online does not mean you can do whatever you want or do not want to do. There should be daily online interactions between the teacher and students like forums in a good college university online degree program. The hard parts in studying online are how to motivate one’s self and how to become more dedicated or committed. These are the same attributes that many employees look for in an employee, so an online course can be a great training ground for these types of workers.

Completing a college university online degree has a lot of advantages. First, you can study at home where your Internet connection is stable and you can study conveniently. This eliminates the need to commute so you have more time to perform your main duties as a wife or mother, while still completing a college course.

So many people have already enrolled online to get an college university online degree because of the benefits. It is not very easy to do but it provides you the opportunity to finish your studies and make a solid foundation for your professional life.

There are so many things to be decided upon along the way and that could be daunting. There may be some minor glitches in decisions but finishing a college university online degree will be one of the major decisions that can really help you succeed.

Posted in Uncategorized | Tagged , | Comments Off on Deciding on a College University Online Degree