How does the market look now for buying and rather renting? In the past, I couldn't make the numbers work.
However, I recently heard from a current student. Her rent was going up from $500 to $800. She went to look at a new place that was charging about $1k/mo per room. Both places are really nice. Both places have some for sale the the numbers would work.
I find it hard to believe you can charge $1k/mo, and if you could, how does that place sell for less than $550k? Has the market finally reached a good level out there?
Thanks for the help.
However, I recently heard from a current student. Her rent was going up from $500 to $800. She went to look at a new place that was charging about $1k/mo per room. Both places are really nice. Both places have some for sale the the numbers would work.
I find it hard to believe you can charge $1k/mo, and if you could, how does that place sell for less than $550k? Has the market finally reached a good level out there?
Thanks for the help.