INVESTING in a college town…. DO or DON’T?

INVESTING in a college town…. DO or DON’T?

New to Real Estate · IN · Member since 2024 · 7 posts · 3 votes

Is it a good Strategy to invest in a college town?

 Hey guy curious, is buying an investment property in a college town a good ROI? Wondering if anyone here has any properties around a college and if so what's your story.

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Real Estate Consultant · Cleveland · Member since 2020 · 6k+ posts · 3k+ votes
2y
Quote from @Travis Owens:

See thats what my thought was too… thats the reason I started looking at the property. Im good with the number especially in the long game. Im worried about younger less reliable tenants. 


 MOM AND DAD pay the rent, 

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  • Real Estate Consultant · Cleveland · Member since 2020 · 6k+ posts · 3k+ votes
    2y
    Quote from @Travis Owens:

    Is it a good Strategy to invest in a college town?

     Hey guy curious, is buying an investment property in a college town a good ROI? Wondering if anyone here has any properties around a college and if so what's your story.


     Whats the numbers, ?  Thats ALL RE is about ?

  • New to Real Estate · IN · Member since 2024 · 7 posts · 3 votes
    2y

    See thats what my thought was too… thats the reason I started looking at the property. Im good with the number especially in the long game. Im worried about younger less reliable tenants. 

  • Real Estate Consultant · Cleveland · Member since 2020 · 6k+ posts · 3k+ votes
    2y
    Quote from @Travis Owens:

    See thats what my thought was too… thats the reason I started looking at the property. Im good with the number especially in the long game. Im worried about younger less reliable tenants. 


     MOM AND DAD pay the rent, 

  • Manny VasquezBusiness Member
    Real Estate Agent · Orange County · Member since 2022 · 317 posts · 293 votes
    2y

    For starters, you will always have constant stream of prospective tenants in a college town.  Depending on how close to the college the property is, you may also have constant turnover.  Which is not a bad thing.  Run the numbers and if they make sense, pull the trigger.

  • New to Real Estate · IN · Member since 2024 · 7 posts · 3 votes
    2y

    Thanks guys 

  • Lender · Member since 2021 · 277 posts · 150 votes
    2y

    I think it is a great business to be in. I created a post with some PROs and CONs on the business. Happy to answer any questions and help in any way!

    https://www.biggerpockets.com/forums/48/topics/1187121-stude...

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