Thoughts on purchasing an investment property as your student goes to college
SCAD indicates room and board is a $14,550 annual expense. Over four years that is $58,200. Georgia Southern (Armstrong) lists private single housing at $3,902 per semester; $46,824 over four years.
Consider purchasing a home to house your student as a profitable investment and an increase of your net asset value.
(1) As an example, a