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Updated almost 4 years ago,
Student Housing Rentals in the Philadelphia Area
Hi everyone I just wanted to shoot out my idea and see what people think about it. I have been thinking about buying my first rental property for a long time and want to focus on student rentals. I would like to occupy my properties with students who are in graduate school or more specifically some type of schooling that requires at least 3 years to obtain a degree. I figure this would omit the high turn over that comes with student rentals. I have about 11,000 saved up and am looking for a duplex/triplex or a single family home with 4+ rooms. Being that I to am a recent graduate I want to live with the renters as well. Does this sound like a good idea? Anything else I should think about? Anyone in the area with student properties who doesn't mind sitting down with me ? Thanks for all the help.