"It would be nice to pay for my daughter's college tuition"
By mustang6560 on 1/21/13
The closest hotel to Merion Golf Club, the site of the 2013 U.S. Open, is five to 10 miles away, which provides a unique financial opportunity for homeowners within walking distance of the club.

According to The Philadelphia Inquirer, homeowners who decide to rent their house for the week of the championship to players, corporate sponsors or affluent fans could pocket as much as $20,000-$60,000.
For Marjorie Philips, the right price would make it worth her while. Philips' four-bedroom country-style home sits on two acres with a pool, a cottage, and a creek that runs into the north end of the golf course.

She listed her house with Bob Thomas about two months ago and is hoping to get at least $30,000 to $40,000 for the week.

"I have mixed emotions because on the one hand, it is such an inconvenience and it is risky renting it out to people you don't know," Philips said. "On the other hand, boy, it would be nice to pay for my daughter's college tuition."
If you're interested in following the price fluctuations over the next several months, then bookmark www.2013golfrentals.com. The website has more than 350 listings near Merion and the prices range from $250 to $10,000 per night.

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Image via Flickr, USGA

[ comments ]
bobhooe says:
$30-$40k for college tuition? Maybe she just meant food and housing for her daughter while she is in college.
mjaber says:
@bobhooe... Maybe a community college, or a state school?
Kurt the Knife says:
My daughter just graduated with her BFA in Illustration from the California College of the Arts. My niece, (whose tab we also carried) psychology BS from U of O. 30-40k = undergrad P B and J's for the duration.
Kurt the Knife says:
But I agree with Mrs. Phillips. Wife n I tried to find a motel room for the US open at Pebble. 25 miles away. Motel 6 $300. You go,girl. Charge what the market will bear.
Kurt the Knife says:
for fun, check out rental offers for the America's cup in San Fran 2013.
[ post comment ]
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