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Updated over 6 years ago on . Most recent reply

User Stats

7
Posts
1
Votes
Henry Liu
  • Happy Valley, OR
1
Votes |
7
Posts

College rentals

Henry Liu
  • Happy Valley, OR
Posted
Hi everyone! My name is Henry Liu and I just got into college rentals. Does anyone have experience doing this? May I please pick your brain??? Humbly, Henry

Most Popular Reply

Account Closed
  • San Jose, CA
3,246
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Account Closed
  • San Jose, CA
Replied
Originally posted by @Henry Liu:

Hi everyone! My name is Henry Liu and I just got into college rentals. Does anyone have experience doing this? May I please pick your brain??? Humbly, Henry

 Just wrote another post about renting to college students here:

https://www.biggerpockets.com/forums/81/topics/312...

They're great, once you figure out how to do it and find grad students.  Law or med students are best.  MBA students were usually flaky, unless it was a joint law or other degree.  They didn't create problems, they just didn't stay over a couple of months.  Joint degrees with law did stay, usually several years - like law/business degrees.  Also, engineering students were great, even undergrads.  And all international students were great.  They're serious students.  They'll probably want to leave over summer, but see what I wrote in the other post about subletting over summer.

Oh, and I gave tenants a $100 rent credit if they referred someone to me that I rented to.  I usually had a waiting list.

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