Many parents find that it financially economical to purchase a home for a student rather than rent. Soaring cost of Tech rent has lead many to contemplate buying rather. For the following reasons:
Tax advantages or write offs from an investment property.
Buying will allow you to collect rent, lower your students cost of living
Student gets to choose who he lives with
Equity appreciation, historically real estate is consistently the most promising investment
Texas Tech dorm costs can easily exceed a mortgage payment without the help of roommate rental income.