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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Alise Alden
Coldwell Banker
39 Olcott Square, Unit C
Bernardsville, NJ 07924
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Alise Alden is commited to exceeding your expectations from start to finish. Her true professionalism, expert negotiating skills and dedication will ensure your move to be a successful one. Alise has designations as an ABR, SRES, and is a Coldwell Banker Previews Property Specialist, Certified Relocation Agent and a member of the Multi-Million Dollar Club.

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