Renting to Students

[Jason O.]

I'm looking to rent out a house in the East Campus area. Anyone have experience renting to students here? Any advice about how to time it seasonally? Also, whole house or by the room? Thanks!

[Joey Banasihan]

Hey @Jason O., room to room rentals for students can be a great strategy. Typically students are seeking housing before year begins (June-August) which typically lines up for active LTR season. Work with a good property management company who will get co-signers from parents (parents are typically paying rents) and be flexible around subleasing, especially during summer periods because students go home and do not always stay for summer time; this can still be a 12 month lease. I'd also suggest having in-person interviews (post screenings) as you can build rapport, not necessary just a suggestion.  Consider semi-furnishing the space to increase room rental costs and also contact your local university/college housing department, they typically provide students with resources for off-campus housing and you could plug yourself in there.