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Message
re: Buying investment properties...
Posted on 6/5/14 at 12:02 pm to cjared036
Posted on 6/5/14 at 12:02 pm to cjared036
I think any real estate investment in a college area is a bad idea. No way would I invest long term in Tuscaloosa.
Everything is inflated around colleges due to the student loan bubble we are in. Factor that in with the enormous growth we have bad because of Saban, makes me uncomfortable.
Out of state kids will stop coming once the winning stops. The supply and demand factors are just not organic.
Everything is inflated around colleges due to the student loan bubble we are in. Factor that in with the enormous growth we have bad because of Saban, makes me uncomfortable.
Out of state kids will stop coming once the winning stops. The supply and demand factors are just not organic.
3
Posted on 6/5/14 at 12:04 pm to I Love Bama
I have thought that too.
Posted on 6/5/14 at 12:08 pm to I Love Bama
I assume you were a college student once.
/thread
Also, biggerpockets.com is a good primer for investing. Ideally you want to find a mentor who has been doing this succesfully for years in your location. They will be your best resource.
/thread
Also, biggerpockets.com is a good primer for investing. Ideally you want to find a mentor who has been doing this succesfully for years in your location. They will be your best resource.
This post was edited on 6/5/14 at 12:09 pm
Posted on 6/6/14 at 8:59 am to I Love Bama
quote:
I think any real estate investment in a college area is a bad idea.
I make double my salary in investment property around the LSU area. If you know the area it can work for you.
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