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Updated about 5 years ago,
Student Housing House hack
Hello - I have a daughter that will be going to college in the fall and I'm looking into investing in student housing as a house hack of sorts to invest in real estate and reduce the cost of student housing for her in the process. We're 95% sure she'll be in school in the Provo/Orem UT area so that is the market I'm looking at.
I'm thinking of purchasing a condo which she would live in and then we would rent the other rooms. It seems that you can rent by the bed or by the room depending on how you price it.
I'd appreciate any input on condo ownership, student housing, etc.
This will be my first investment in real estate. But I want to do more in the future, not necessarily related to student housing. Thanks in advance for any advice.
Ryan