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Updated almost 7 years ago on . Most recent reply

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Diane G.
  • CA
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Would you ever rent a group of college students?

Diane G.
  • CA
Posted

Hi - I have a SFH that is curently on the market for rent... It is a very middle class neighborhood, and my asking rent is $3150, which is roughtly $400 below market...

Got several applicaitons after the first open house, mostly pretty weak that I will have to pass... One is from a 4 college students... Their financials is not a problem at all....

Would you ever rent to a group of college students?  Thank you for your input

Most Popular Reply

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Jacob A.
  • Tuscaloosa, AL
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Jacob A.
  • Tuscaloosa, AL
Replied

@Diane G.

I would not have a problem with renting to college students under the assumption that you know they are college students. They tend to do things that a home owner wouldn't approve of. But I would have no issue with renting to them. Another option you could look into would be to see if they could get their parents to co-sign? Or just require a deposit and last months rent up front. 

Money is money and college kids will be college kids. 

( I also have a tendency to look at their program of study, has helped me a lot when trying to determine who to rent to because highly specialized fields tend to spend more time studying than doing normal college kids stuff.

Hope this helps!

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