College Rental Leases

[Steven Scheer]

Howdy, good people. In the next few months, I will be purchasing a duplex to rent to college students. I was wondering if the people of BP that rent to college students either charge a predetermined rent (say, $1,000 per month) or do you charge per bed (say $300 per bed, per month for three beds OR $250 per bed, per month for four beds)?

Be blessed!

-Steve

[Brian Head]

When I was a student living in the downtown area I only recall apartments, duplexes, houses etc. for the unit at a monthly rate.  

From my evaluations, college student ROI is tough around Milwaukee area campus due to the high cost of entry and taxes. I ended up going SFH route, there are great pocket areas in Milwaukee County. Good luck on your adventure - keep us updated!