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By: Omaira Estremera

I am a Venezuelan-American Broker Realtor. When I lived in Venezuela, I was the owner of a very successful company in the paper and graphic art's industry. I forged a sturdy business experience, early in my youth, which has grown and continues to grow, as I am a passionate Real Estate Broker in the state of Florida

Sending Your Child Away To A South Florida College

South Florida is home to some of the best universities in the country. Every year, thousands of students flock to our area for their pursuit of higher education. As your child receives that long-awaited and hard-worked for acceptance letter, now you, as a parent, contemplate a number of real estate and financial decisions to make those dreams a reality.

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Apartment Living
Dorm Living

Utilities Included 

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Privacy

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Fewer Chores

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Active Social Life
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More Space and Comfort
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Fewer Rules

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Lower Rent Cost

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Closer to Campus Life

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Tuition:  Many of our South Florida public universities charge even more than double for out-of-state students. For example, Florida International University currently estimates tuition for a full-time undergraduate degree as a little under 7 thousand a year, where an out-of-state student would have to pay a bit over 19 thousand. To be considered a “Florida Resident for Tuition Purposes” you must prove through official and/or legal documents that you or the claimant have established bona fide domicile in the state of Florida for at least 12 months preceding the first day of classes of the term for which Florida residency is sought. Establishing residency will require  number of different things,  however, the effort may represent financial benefit for your family in the long run.

Location: Dorms will always be closer to the student’s classes than commuting from out-of-campus living, however,  all of our South Florida universities do have an incredible amount of wonderful private housing possibilities and real estate opportunities surrounding their campuses.

Pets: Sometimes our furry family may be the one thing that keeps our sanity. Having your own space could be the only way to bring this emotional support, that may very well get your child through missing his/her family and/or the severe stress during final exams

Visits: Arranging a student to live in a private property while away from home also means that there will always be a place for you to stay and visit. Moreover, where in dorm living students would have to figure where to stay during long breaks,  having your own place would be giving the student peace of mind and even more flexibility to have a real-life by including activities that require continuity, such as a job, friends, extracurricular activities, etc.

Investing:: South Florida is a great place to invest in real estate. If you are considering getting an out-of-campus place for your child in college, you should definitely consider buying or investing in the property. It would of course depend on your financial capability, but it is possible to gain wealth as your child gains knowledge. With the right guidance, it is possible you could even invest in a property that makes you income by renting a room to another student. The sky is the limit, but it starts by asking the right questions to a south Florida real estate professional.

I know by experience the mixed emotions a parent has when our kids are getting their wings ready to fly the nest. This is the final stretch we are doing as parents before they are completely gone from home. How bittersweet is finding this next dream home!

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