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Updated about 8 years ago on . Most recent reply

David Sanford's profile image
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David Sanford
  • Rental Property Investor
  • from Chester, VA
  • Member since Nov 16, 2016
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David Sanford's profile image
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David Sanford
  • Rental Property Investor
  • from Chester, VA
  • Member since Nov 16, 2016
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David Sanford
  • Rental Property Investor
  • Chester, VA
32
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123
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Buying & Selling Real Estate

Rental in college town

David Sanford
  • Rental Property Investor
  • Chester, VA
Posted
Thoughts on a rental in a college town? I'm sure turnover and possibly repairs would be pretty constant. Worth the risk?
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Steven Preston
  • from California, Maryland
  • Member since Jan 2, 2017
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Steven Preston
  • from California, Maryland
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Steven Preston
  • California, MD
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Steven Preston
  • California, MD
Replied

@Carrie Cavins I believe you may be referring to BP Podcast 140:  The Riches Are in the Niches (Like Student Housing) with Bill Syrios.

@David Sanford As you mentioned you will have turnover and repairs, but on the flip side you can achieve higher rents because it is possible to rent out rooms individually and you should have a steady stream of potential tenants with each new semester/year. 

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