Student rentals

[Alex Aguilar]

Hi! I was wondering what cities/colleges are the best for student rentals? Any advice would be greatly appreciated, thanks.

[Dave Van Horn]

Hi @Alex Aguilar

Many times investors will keep profitable locations to themselves since it can be proprietary information, so it may be tough to get an answer on here for exactly where to buy.

Generally though, you want an area with a college that is expanding in enrollment but doesn't have enough (or quality) off-campus housing or if they don't have enough on-campus housing. And proximity to the university is key.

Although it probably couldn't be duplicated exactly in the same area today, I talk a little bit about my friend's successful student housing strategy in the Philadelphia area in a recent article I wrote for BP:

https://www.biggerpockets.com/renewsblog/2016/06/0...

Best of luck,

Dave