When most people think of saving for college they immediately think of 529 Plans. There is another way to pay for college that provides for predictable growth, tax-efficiency and even more control. The ways is through investing in real estate.
The starting point for college funding is always having a goal. From there, it’s a matter of putting on your investor & business owner hat to identify the right real estate investment opportunity. You need to locate a quality property in a quality location, finance the property conservatively, ensure it produces cash flow, reinvest the cash flow or pay down the mortgage with the cash flow and then harvest the equity when college approaches. Through a combination of planning, principal repayment, cash flow and appreciation you college funding goals can be realized tax efficiently through real estate.
Watch this to learn how to save for college with real estate!