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Updated about 9 years ago on . Most recent reply

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Michael Candela
  • Minden City, MI
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is it a good idea to buy around college towns in michigan

Michael Candela
  • Minden City, MI
Posted

I'm new to buying and selling houses but I would like to know it's a good idea to buy houses around college towns! I ask this question because my niece goes to Michigan State and pays a ton for the rental of what I think is complete junk! I know you will pay more but you will also get more and have no problem renting them out or selling flipping whatever!

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Stewart Beal
  • Investor
  • Ann Arbor, MI
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Stewart Beal
  • Investor
  • Ann Arbor, MI
Replied

Michael I own 50 properties around Eastern Michigan University and it has worked out well.  There is always a influx of new renters which keeps rents very stable and occupancy strong. 

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