Is It A Good Idea To Buy Property After Finishing College? 4 Valid Arguments


When college students graduate, there’s often a subtle pressure to get their lives in order immediately after school. They might feel the need to apply relentlessly for job applications or buy a car. Although the second option is definitely not a wise idea, there’s nothing wrong with making a profitable purchase after finishing school.

When studying, we spend money on all the necessary school supplies, books, gadgets, college paper help, and parties. This can leave students with little to no money afterward. However, if you were smart with your expenses and have some savings set aside, why not spend them on something you need right now? And for some, it might be a place to live or a piece of land to invest in.

You’re probably thinking and asking yourself questions like: why should I buy rental property? Wouldn’t I be setting myself up for a life of debt? I’ve never made an expense this huge before!

Although buying property costs more than paying a college essay writing service to help you with your college assignments, it’s definitely a good idea and we will show you why:

It Is a Great Investment

Unless you have a trust fund or saving bonds given to you by your grandparents, you probably belong to the 90% of recent college grads who own no form of investments. When you’re just fresh out of college, most of your income or savings will definitely go towards necessities such as feeding or paying the bills.

However, it’s important to start investing as early as you can. Buying property such as a house is a simple way to get a headstart in the investment game. What’s more, it helps to build equity especially if the property’s value keeps increasing over time.

It Gives You Security

If you decide to buy a house, this purchase decision will offer you more security than renting will. Whether you’ve fully paid off your mortgage or not, you will definitely rest assured that you’ve got accommodation covered for a greater part of the future.

This way, you won’t have to constantly worry about where your next monthly rent will come from.

Property Offers More Stability

If you’re looking to start a family in the nearest future, buying property is the way to go. You will be able to enjoy the stability that comes with being a homeowner or landlord.

This way, your savings and income can be poured into other family needs, such as feeding or a family car rather than monthly rent.

Note: Even if you’re not looking to start a family anytime soon, buying property is a great step towards getting your life together.

It Provides You with an Income Stream

Just in case you love to travel without being tied down by property for an extended period, you could always rent it out to college students or people in the labor market for a stipulated period of time. This option will give you the freedom to go wherever you want while enjoying a steady income stream from the rent.

What’s more, renting your property out will help to offset some of the mortgage and other expenses or debts you may be dealing with at the moment.

Tips for Buying Property After College

If you’ve made the huge decision to become a property owner immediately after college, you need to ensure that you’re going about it the right way. Here are some tips to help you:

Determine what and where you want to buy

Just before you buy any property, it’s important to determine what you want and where you want it to be. Although condos are a popular choice where graduates move after college, you might decide to choose something different. Are you trying to buy a condo or a flat? Would you prefer something close or in a different state?

Ask yourself these questions and answer them just before you make that purchase decision. If you’re buying a property solely for accommodation purposes, then buying a house out of state will be unwise. On the other hand, if you want to buy a house you can rent out, you can choose one that’s far away from your current location.

Get your credit report in order

Your credit score determines if you can buy a home and what you can afford. As such, you want to make sure that you either build it or fix any past credit mistakes.

If you have credit, stay on top of its score by getting a report and looking out for any mistakes or low marks. This way, you can know where you stand and take the necessary steps to repair your credit score.

Live below your means

The first few months or years after college involve a lot of penny pinching and opportunity costing, especially if you’re buying property. You may find yourself occasionally forgoing a cup of lemonade or an expensive purchase just to ensure that you don’t run out of money or get stuck in a cesspit of debt.

Strategic selling

Most properties appreciate in value over the years. As such, you should keep a track on the dynamics of the real estate market and know when to sell off your property (if you want to).

Just in case you’re thinking “how much will an investor pay for my house?”, you can use online valuation tools to estimate the value of your house.


If you’ve been unsure about the benefits of buying property after college, this is the sign you’ve been waiting for to make that decision. Buying property is a great way to place your feet on the ground and get some form of stability. However, it’s important to be strategic about the buying process so you don’t end up in more debt than you can handle.

Good luck!

Author’s Bio

Amanda Dudley is a lecturer and a writer with a Ph.D in History from Stanford University. With over ten years of experience in the educational sector, she has gained mastery of students’ academic needs.

As such, she works as a part-time essay writer at EssayUSA, where she delivers high-quality term papers, academic papers and dissertations for students who need help in that area.


Compare listings