Why buying a condo for your college kid could be a smart financial move

Prices are booming in many residential real estate markets, including college towns. Is it too late to take advantage? Maybe not.The idea of buying a condo for your college-bound kid to use while in school might be appealing. But diving into the market sooner rather than later may be wise. You could avoid paying through the nose for a dorm room or apartment with no hope of any profit. And if you buy a condo that has some extra space, you can rent it out to your kid’s pal(s) and offset some of the ownershi

Source: Why buying a condo for your college kid could be a smart financial move – MarketWatch