🏠 Skip the Dorm. Buy the House (with Friends).

Hi there -
I hope you're surviving the summer heat and maybe even sneaking in some vacation time before the madness of back-to-school season hits. Speaking of which, if you've got a college-bound kid (or one already enrolled), you know the drill: tuition, books, and that eye-watering housing bill that makes your mortgage look reasonable.

The math is wild:
4 years of rent = $60k to $100k, depending on the city.

And at the end?
You child gets a diploma, maybe some ramen memories, but zero equity.

So more and more parents are asking:
What if we just bought a place… together?

👩👩👧👦 Co-Ownership 101 — The College Edition

Imagine this:
You and three other families buy a $1M home near campus.

• Each owns 25% through an LLC.

• Each family's student lives there.

• Costs are split. Equity builds.

• No landlords. No rent checks. Just shared ownership.

It's happening more than you think — and it makes sense.

💡 The Benefits of Co-Owning a College Home

✅ Shared Costs
Mortgage, taxes, insurance, repairs — split four ways.
Everyone gets more for less.

✅ Real Equity
You're not throwing money away.
You're building ownership in an appreciating asset.

✅ Stability
No moving dorms every year. No surprise rent hikes.
Your student gets one home — with real furniture.

✅ In-State Tuition Possibility
Depending on the state, co-owning and establishing residency might help your student qualify for in-state tuition — potentially saving tens of thousands over 4 years. Rules vary, so check with the university and state residency guidelines.

✅ Rental Flexibility
When your student graduates, rent your share to someone else.
Generate income. Offset costs. Extend the value.

✅ Potential Tax Benefits

If the property qualifies as a rental or investment, you may be eligible for:

• Depreciation

• Expense deductions

• Pass-through tax treatment via an LLC

Note: You'll need a CPA to structure this properly. But the potential is real.

📘 Real Talk: An Example

You and three other families buy a $1M home as mentioned.
Each family contributes ~$250k (or finances a portion).
Your child lives there for 4 years.
After graduation:

• You rent your 25% share to a new student

• You continue to build equity

• You sell later, or roll it into a new investment

Worst case: you break even.
Best case: you've turned college rent into long-term gain.

🛠️ How Plum Makes It Easy

This isn't a DIY project. But we've got you.

• We help you form the LLC

• Structure usage and cost-sharing

• Draft the operating agreement

• Manage banking, payments, and docs

• Even help with resale or future rentals

You focus on helping your kid get through school.
We handle the real estate stuff.

Ready to explore co-owning instead of renting? 
Reply to this email with "College Co-Ownership" and we will schedule a 15-minute call to discuss how this could work for your family's situation.

Don't let another semester of rent payments slip by without exploring your options. Your future self (and your bank account) will thank you.

—Doug

P.S. Do you know other parents facing the same college housing dilemma? Forward this their way—co-ownership works best when you find the right partners from the start.

Featured Property:
Blue Heaven Love & Peace Resort

Own Your Oceanfront Slice—Just 5 Shares Left in North Topsail Beach!

Looking for a coastal escape with room for the whole crew? Experience laid-back luxury in this brand-new 6-bedroom, 4.5-bath townhouse on scenic Topsail Island—with deeded beach access, pool, and your own observation pier!

Highlights:

🌊 Deeded beach access for effortless surf-and-sand fun
🏊 Pool, hot tub, and waterfront dock—relax, entertain, or fish right at home
🛏️ 6 bedrooms, 4.5 baths, and 2,600+ sq ft of breezy, sunlit living space
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🐾 Pets welcome, so the adventure’s for the whole family
💸 Professionally managed—projected 8–10% ROI in the first two years, plus generous 12–18% ROI projections over four years

How It Works:

• 10 shares total (5 available)

• Each share = 5 weeks/year of personal use

• $112,000 per share | $1,120,000 home price | $621/mo/share expenses

• Flexible ownership—rent it out or just show up and unwind. All the luxury, none of the hassle.

Ready to make the coast your home base? View or reply for details!

2085 New River Inlet Rd, North Topsail Beach, NC 28460
$112,000/share | 5/10 shares avail | $621/mo estimated costs | 6 beds | 4.5 baths