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Updated over 7 years ago on . Most recent reply

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44
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Jonathan Frausto
  • Investor
  • Joliet, IL
19
Votes |
44
Posts

Student Housing vs Regular Tenants

Jonathan Frausto
  • Investor
  • Joliet, IL
Posted

Hello BP community

I was wondering if anyone owned any student housing or student apartments for a university/school?  

I am recently under contract with a two unit across the street from a 4 year university and I'm trying to see what goes into having it rented out to students vs regular tenants. Does the university want a cut of the rent? Does the university have regulations? Do you, the landlord, normally pay for some nicer amenities like internet and a desk to cater to students and charge premium rent?

I understand there's pros and cons to student housing but just wanted to pick your brains and see your input

Thank you in advance!

Jonathan

Most Popular Reply

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2,086
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2,139
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Andrew B.
  • Rockaway, NJ
2,139
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2,086
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Andrew B.
  • Rockaway, NJ
Replied

I've never heard of partnering with a university. typically people who rent to students decide if they want to provide furnishings or not and then decide if they want to rent by the room or the whole unit. by the room has more room for profit, but more work and headache. when I was in college, me and my friends rented a place as a group and brought our own furnishings.

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