Philly Student Housing?

[Andy Xu]

Hi everyone,

I've recently developed an interest in real estate and am looking to invest in student housing in the Temple and University City areas in Philadelphia as a way of generating stable, passive income. Has anyone had any past experiences investing in those areas or in the Philly market generally? What was the process like and how have results been so far? Which brokers, lenders and property managers did you work with and would you recommend them to other investors?

Thanks in advance for your time!

[Andy Xu]

Thanks Jem for your prompt reply! I plan to have a management company take care of both finding tenants and managing the property itself. Would you know if working with a management company means that I will not have to obtain the licenses you mentioned myself? Also I'd love to connect and learn more about your 4BR.