How to Use Real Estate to Pay for College and Build Family Wealth What if your student's biggest college expense could become one of your family's greatest financial assets? In this episode, Shellee Howard, Founder and CEO of College Ready, welcomes Kathi Jesse, a real estate broker with more than 30 years of experience, to discuss an often-overlooked strategy for paying for college: using real estate to build equity instead of paying rent. Kathi explains how purchasing a condo or home near a college campus can help families offset housing costs, take advantage of potential tax deductions, and create long-term wealth while supporting their student's education. She also shares insights on FHA "Kitty Condo" loans, 1031 exchanges, and what parents should consider if their student's college plans change. Whether you're just beginning the college planning process or looking for creative ways to reduce the cost of college, this episode offers practical strategies to help you make informed financial decisions.
In this episode, you'll learn: