EXIT Realty Foothills Advises on Investments

FOR IMMEDIATE RELEASE

Contact:
Jessie Eide
Realtor
EXIT Realty Foothills
909.593.0502
admin@ourexitteam.com

EXIT Realty Foothills Advises on Investments

Best Back-to-School Investment Idea

La Verne, CA (Grassroots Newswire) 9/7/2011 --It is back to school time in the Foothills, and for established investors it is a great time to make a killing on investment properties. An experienced investor knows that with back to school expenses comes the cost of student housing around college towns.

“Housing demand in college towns is generally high and vacancy rates are usually low. Combine the supply and demand ratio with rising admissions and the five percent rise in rental rates expected by the end of the year, and rental property in college towns can be a smart option for the right investor,” said Move, Inc. Chief Executive Officer, Steve Berkowitz.

Fortunately, The Foothills is home to two major 4 year universities and many more high-profile 2 year colleges. Housing will be in high demand around California State Polytechnic University, Pomona and the Claremont Colleges.

The right property, including a duplex, triplex, or a larger single-family home, could put a student (the student the investor is supporting) in housing and generate enough rental income from the other units or roommates to help pay for the purchase of the property.

For a better look at “Back-to-School” neighborhoods visit www.searchingsocalhomes.com and you will be able to average the cost to rent a property vs. the median price for properties.

For more information about EXIT Realty Foothills, please call 909.593.0502. EXIT Realty Foothills is located at 1339 Foothill Blvd, La Verne CA 91711.

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