patrick.net

Buying near a college seems smart as you have a sure supply of renters in perpetuity.

I have never been a landlord but I heard college students are not exactly the good kind of renters.

Maybe they're not the best Peter P, but you can charge a large deposit just in case. You can also probably overcharge for rent since it's generally shared between 2-3 sets of parents ;-) - add the fact that your rental is never empty, and you should come out a winner (if you got a good price when you bought). I think.

or if you really want to be safe, don't rent to B-school or Liberal Arts students. Rent only to graduate engineering students - less partying aftereffects.

In Fremont, we were looking for a house this past week, and when we found a house that was REO, there were multiple offers,and overbidding.
We didn't buy in the end, since we still think the prices have some more ways to drop. But the psychology is crazy

All of the robberys that were stopped by an armed victim ....
Bap33, I knew I could count on you. I think that is what caught my eye about the article -- welcome to the Wild West.

Unfortunately the press does not see "good news" as being a good news story. They apparently feel the need to dwell on the negative of everything in order to stir up emotions and increase their ratings, thats why I have pretty much given up on watching the news.