Real Estate investing

[Shawndi Jackson]

Thoughts on building an apartment strictly to accommodate University students as real estate investment.

[Allyssa McCleery]

Another recommendation with college students is to have their parents co-sign on the lease. It will decrease your pool of tenants that will qualify but it will mitigate the risk. With college housing you need to have a great system in place to turnover units as quickly as possible because college students rarely renew their leases. @Nicholas Sheridan, Jr. is right that this can be a competitive market because investors see that there will always be tenants lining up to move into units so there is very low vacancy but very high turnover so the way to be most effective is by turning over the unit as quickly as possible. I went to Ohio State and we would have to have our leases signed by March to move into a place by August