Many Canadian parents who have a son or daughter going away to college this fall, are already thinking about all the expenses that College entails.

And while there may not be much that parents can do about the high cost of tuition, books, travel, etc., there's one major college expense you can actually turn to your advantage.

Offset College Expenses by Investing in Real Estate Rental Property

Why not buy a rental property instead of paying rent at a student residence for three or four years and turn that expense into a source of income?If you invest in rental property near the campus, you could rent rooms to other students and your own child would potentially live there rent free.

With financing rates at all time historic lows, it's actually a great time to invest in rental property and if you buy smart, you may even be able to recover all or most of the cost of your child's college housing expense.By investing in rental property, you may even be able to generate enough positive revenue to offset some of the other expenses of a college education.

Realize a Profit on the Equality You Build up

Not mention that if housing prices continue their upward climb, in just a few years you could potentially realize a profit on the equity you have built up in the property. Investing in rental property while your child is in college is a win-win proposition no matter how you look at it.

Why Hire Coldwell Banker Real Estate Professional?

Whether you invest in rental property nearby or in another community, you can start the process right at home. At Coldwell Banker, we are extremely knowledgeable about investing smartly in real estate and can counsel you on what to look for and what to avoid.

As a Coldwell Banker real estate representative, we have connections in the financial sector. We can even help you pre-qualify for a mortgage so you know in advance exactly how much house you can afford.

When you are ready to start looking for real estate investment property, we can personally show you real estate properties in Grey Bruce and the surrounding area. If you are looking to invest in rental property out of town, we can put you in touch with an experienced Coldwell Banker real estate representative that can show you suitable investment properties for sale in your target area.

We also offer several unique Coldwell Banker online resources to help you in your real estate investment property search such sas theHome Price Comparison Index and On Location, the first real estate channel on YouTube.

Why not take advantage of the many opportunities available in today's real estate investment market to help offset the high cost of a college education? If you'd like to talk about your options, give us a call today. It could be the most important call you'll ever make!