Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 5 years ago, 06/24/2019

User Stats

3
Posts
0
Votes
Adam McInnes
0
Votes |
3
Posts

Student Rental as a start?

Adam McInnes
Posted

Hey BP,

I am a new investor. My wife and I bought a property that we are going to suite in Calgary, Canada that we will be rental hacking. 

I am actively looking for different investment opportunities, and I have come across a great opportunity for a 4plex with 19 bedrooms near a local college. It is going to be a good cash flow opportunity, and i have some potential of getting it for little to no money down. 

Is it way too bold to go for a student rental property as my first deal? What are some of the positives and negatives to student rentals from your perspective? I understand turn around will be higher, possible damages etc. Who has done this, who loves it, and who absolutely hates it? Give me your why!

Loading replies...