Once quick money was to be made in buying, fixing, and then selling; it was a quick, fast, and easy profit. However, we can now see that this is not the case. In today’s market it is becoming more and more difficult to get rid of those quick scheme properties. If you already are saddled with one of those, don’t worry there is hope: renting. There is money to be made off of this, instead of short term investment you would be looking toward the future. This may not be what you are looking for, but renting is on the rise.

If you have a place you cannot sell or you have money to invest in one, keep/buy it and rent it. One good idea, which might be more expensive to start, but worth it in the end, is to buy near a university. Where there is a university, there are always students to rent to. More and more of our youth are attending after their high school education.

According to the U.S. Department of Labor/Bureau of Labor Statistics, in Oct. 2006 roughly 65.8% of 2006 high school graduates enrolled in colleges or universities. Viewings of their studies show that the college enrollment rate since 2001 has been healthily increasing.

Michael H. Zaransky, author of the 2006 Kaplan Publishing hit, Profit by Investing in Student Housing: Cash in on the Campus Housing Shortage" reports that overall about 70% of college students use non-campus housing. It is ever increasingly evident that although there are conveniences to be had from livings in dorms/residence halls, students want more of the freedom and liberties provided from private living.

While some of those 70% will undoubtedly decide to rent from big apartment complexes, many are content to rent directly from owners. One can rent a home directly to individuals/groups of individuals that want to rent together, or a home can be split into several mini rented subdivisions. Think of the profit to be made over the years, this is something that can easily be kept into retirement, a great addition to that nest egg. College students always need somewhere to live!