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Updated over 8 years ago on . Most recent reply
Rental Advice for new college grad
Hi, just wondering what type of properties two recent college grads, with about 40K in saved money can invest in (in terms of rental/student housing), in order to start acquiring properties while also working at our full time jobs.
Most Popular Reply
@Chris Seveney @Madeline Burke I plan on doing a buy and hold on the property. It would primarily be renting it out to college students at Binghamton University. The university is supposed to be growing a lot and has a 20 by 20 initiative set in place (20 thousand students by the year 2020) and currently has only around 14 thousand. I am more interested in what type of metrics to use when looking for a property and what kind of properties I should be looking at. Thanks.