Tag: pay for college
College vs. Property: Which is the Better Investment for Your Children?
As parents, our children need us more than ever. This goes beyond the ages of zero to eighteen; they will need us until the day we leave this Earth. Why do our kids need us so much compared to yesteryear? The world has changed a lot over the past two decades. Everything is more expensive,…
Pay for College with Real Estate 105: Rental Wins
Welcome back to the Pay for College with Real Estate series (101, 102, 103, 104), where we use the capital appreciation of real estate to counteract rising college prices. Today, we are looking at keeping our home and using the rental income to pay for college. Let’s do a quick refresher. We bought a home…
Pay for College with Real Estate 104: Cash-Out Refinance
Welcome back to the Pay for College with Real Estate series (101, 102, 103). Today is a good day because we will take advantage of low mortgage rates to refinance our house to pay for our kids’ or grandkids’ college. Let’s do a quick refresher. We bought a home in Yuma, Arizona, for $538,000, and…
Pay for College with Real Estate 103: Leverage Home Equity Loans
It’s time to jump back into our Pay for College with Real Estate 101 Series (101, 102). Last time we covered the concept of buying a home and selling it to pay for college. This method offered a clean-cut experience with no residual stress from real estate. But, you don’t keep any residual cash flow…
Pay for College with Real Estate 102: Buy a House, Sell a House
Good day, and welcome back to the Pay for College with Real Estate Series (101). Today, we will start our technical analysis of ways to leverage real estate to cover the escalating prices of college. Let’s review our assumptions: we will need $150,000 profit, our child is going to an in-state school, the house will…