Aug
08

How to Earn Money Off Campus as Rest of Market Cools

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The real estate slowdown has forced some investors to change tactics. Gone are the days when an investor could buy a single-family home or condo, flip it, and walk away with a sizeable profit just weeks or months later without much effort.

But there’s one niche that continues to show promise for investors undaunted by the slumping housing market: college-town real estate.

This segment has recently caught the attention of large institutional investors like American Campus Communities, a publicly traded real estate investment trust that earns 95% of its revenues from ownership of off-campus housing, according to Bill Bayless, chief executive officer of the Austin, Texas based company.

To Read the Full Article Go To: http://www.realestatejournal.com/buysell/tactics/20070321-kim.html

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