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Updated over 3 years ago,
What about College Town Investing - Gainesville FL
Hi Folks,
I am interested to hear from anyone that is investing in college towns in general, but preferably, specifically Gainesville Florida. How easy in general is it to rent properties? Do you rent on a 9 month or a 12 month lease? Are the horror stories of student rentals true? I'm assuming that there would be a lot more ware and tear on properties and so the rental income will have to provide for annual touch-ups and repairs.
I hear that renting by the room can bring in more income, but can a royal pain in the a** and have been advised that it would be better to rent the property in full on one lease.
Any insights or advice would be greatly appreciated.
Also does anyone have any suggestions of other college towns that they have had success in?