Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Multi-Family and Apartment Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 9 years ago on . Most recent reply

User Stats

39
Posts
2
Votes
Adam T. Veitenheimer
  • Cinnaminson, NJ
2
Votes |
39
Posts

College Students as Lessees'

Adam T. Veitenheimer
  • Cinnaminson, NJ
Posted

I am new so bare with me; first actual post.

I am looking to invest in multifamily properties located in a major city adjacent to a major college. The properties are within 4-5 blocks from the school itself. These properties are setup anywhere from 3 units to 7 units depending on the property. 

So my question is tenant placement. Obviously I want to follow the fair housing act however if I wanted to focus on tenants from the school itself how would I go about this? Is there a way to dedicate property to a specific college but still maintain full ownership? And if so how would I go about contacting the school?

I apologize if this was answered elsewhere, I could not find a similar posting.

Thanks in Advance!

Most Popular Reply

User Stats

102
Posts
37
Votes
Parker Detweiler
  • Investor
  • Bonita Springs, FL
37
Votes |
102
Posts
Parker Detweiler
  • Investor
  • Bonita Springs, FL
Replied

I only rent to college students and require a parental guarantor with all tenants. I rent by the unit not by the bedroom and because of the target markets my rents are so high that a family would not rent from any of my properties due to sheer cost. I do not require you to be a college student, however I require a parental guarantor regardless of financial position which makes it even more targeted. 

Loading replies...