So my kid will be attending UC Berkeley soon. My understanding is he is guaranteed only 2 years of housing.
I've been looking up properties close to the campus. I see 1 bedrooms for a little over 500k
My question is if I were to buy one these properties and planned on renting it out while my son doesn't need it. Does it make financial sense?
Is renting, as a landlord, make financial sense?
Will I be able to rent out out easily?
Posted by Guilty_Perception_35
1 Comment
Look up market rates.. you can see how much you would make and compare against financing or see how it compares vs renting a place. Only you would be able to tell it makes sense for sure based off your personal circumstances