I have a property listed at 16733 Wenwood Drive, Baton Rouge, LA 70817 for 258,000, 3 bedrooms, 2 1/2 baths. It is wise to invest in property while you have a student at LSU rather than renting. The investment will bring a profit in three years, especially in our Area 43, the fastest growing in Baton Rouge. We have Long Farm TND PUD planned nearby on Jefferson Hwy., and our easy access to the Interstate, Highland, Airline, and Antioch makes this a very desirable area. We travel to LSU campus via Highland or Interstate with ease and have the capability to return to retreat in the evenings and weekends. Our neighborhood is settled, quiet, comfortable, affordable and secure.
Call 225-278-7872 to set an appointment for a showing.
Keller Williams Red Stick Partners
"Inspiring Vision and Growth Through Action and Achieving Results"
Easy access to LSU, shopping, restaurants and more.
Call me if you would like to see this property. Listed price is $130,000.
Marti Didier 225-939-0460
Email me and I will be happy to email you properties that give the specifics, such as price, number of bedrooms, bathrooms, etc.
I will be happy to assist you with locating the right property for you.
Although monthly you might not save money, after you child has graduated from LSU and you sell the property, you will likely make back the college tuition!!! Also, it would make a great rental property for years to come!
Please visit our website for questions concerning mortgage options. We would love to help you determine if this the right move for you!
Stacey Boudreaux is an agent in Baton Rouge and would be glad to assit you.
225-281-0912-cell firstname.lastname@example.org or check on-line http://www.stirlingprop.com
We both work for ERA Stirling Properties, only I'm located in Lafayette,LA.
contact me if you have any further questions- happy to help! Good luck!!
Erin Soderberg- email@example.com
There are a lot of places available for rent or purchase in the LSU area. If you would like to purchase a home there are many options that I would be happy to show you. You could expect to rent a room for $400 or so per month. Your "competition" is on-campus housing. And, while the options on campus aren't great, they are convenient. If you live on campus you don't have to have a car and, you can get up 30 - 40 minutes later each morning and get to class on time. I find this is a big deal to college students.
Here's another thing to keep in mind ... LSU intends to adopt a mandatory on-campus living requirement for freshmen beginning in 2009 - 2010. Not this fall, but the next fall, all freshmen will be required to live in the dorms unless they live in the area. My understanding is that this is not "cast in stone" but it is the University's intent. So, that means that the Return on Investment period for most undergraduates is 3 years and not 4. And, while the scenarios of people paying off their school loans from their capital gains sounds attractive you have to ask yourself "is this likely to happen.?" There are also transaction costs, costs of ownership, and costs of management in finding and retaining renters for the property.
This is an important investment decision that I'd be happy to talk to you about. Call me. I've lived in the area for 15 years and have a child attending LSU in the fall.
At the end of 4 years the house was sold and more than 1/2 of the student loan debt was erased.
If your sure that your son will stay in school there, I say go for it! Good luck!
We have some condo's that are reasonably priced...and having gone to LSU myself, I saw the opportunity, but my parents could not afford to buy me any real estate....it was hard enough with the tuition being from out of state at the time.
For a few hundred dollars more, he could own a property, and when he graduates, sell or rent and have a financial foundation for life. He can take advantage of bond money, and still get a decent interest rate.
Email me at firstname.lastname@example.org for more details about the condo's and also financing options...there are several locally based finance companies we use including Regions Mortgage, Hancock Bank and more.