Welcome to your Local Mortgage Report. My name is Lauren Hatmaker.
Do you have college-age kids?
Lots of students spend their first year in the college dorm.
As the second year passes, students will start talking about moving off campus.
In university towns like Eugene or Corvallis, rental costs have continued to rise.
One of our local clients purchased a rental home for their son to use during college.
This allows a stable environment and a lower cost per student.
Their investment property has a value that continues to grow.
Their mortgage payment is $2000 a month, and each bedroom rents for $800.
They keep housing expenses lower for their student, and they get a tax deduction.
If this sounds intriguing, call us today! We make it easy!