Our seminar was about homeownership, which is an appreciating asset not depreciating. Our market in Orlando is seeing a price correction which is a normal response to the unusually high volume we experienced several years ago. Not sure where you are or what your local market is like but I’d love to learn more and continue this dialogue.

Did John discuss the true cost of financing a depreciating asset?

Seems many decisions boil down to a cost versus benefit analysis. For the right situation, it can be a tremendous experience for a young adult. Yes, there are other costs to consider, along with the maturity of the son or daughter involved and the “college experience” the parent is attempting to create. I have a number of very positive stories from people who have taken the plunge and made the investment work well for them and their child, with a nice ROI at the end of the four years.

Each community/home owners association will have it’s own by-laws as it relates to tenants so it is important to work with someone who understands the area and the various associations in play.

Thanks for your comment. I welcome further discussions at any time.

Don’t forget to stop by the “Absolutely Avalon” event on Saturday from 5pm-9pm at the Avalon Town Center! This event always draws a big crowd.

This whole idea of buying rather than renting for students makes a TON of sense. Good info, keep it up.