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Updated over 9 years ago,
Renting rooms out to students
Hey guys new to the site so excuse me if i'm out of line in anyway.
I am going to be moving a 1.5 hour flight from home to complete an engineering degree in a city that revolves around this university. That being said searching for a room to rent out got me thinking about the opportunity of this city. So I will list some things down in point form and all i'm asking for is advice from you guys on what I should look for and what I should do to getting this dream of mine up and running.
- I won't be close to the city when I get back home
- Houses go for average $200,000
- Renting rooms out for $450 not including utilities
- City revolves around this University and is up and coming and hits really high on the charts for annual increase of the homes.
- I'll be graduating in 2 years and will be buying my first house then to rent out.
- This school is very popular for engineering students from college to transfer over (me being one of them) once they've completed their diplomas at college. I think it would be smart to rent out to these kids.
**Let me know guys what your realtor side is thinking about this**