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Updated about 6 years ago,
Investing in a College Town
Hey BP peeps,
How would a college town like Boulder be for house-hacking/rental property investing?
i.e. will a constant influx of college students make for reliable rental income? Do college students generally make for good tenants?
I'll be transitioning from the military in about a year and I'm eager to begin rental property investing with the cash reserves I've built up during my enlistment. I'm considering moving to the Greater Denver area; I figure that the variety of markets across areas like Denver, Aurora, and Boulder - all in relatively close proximity - will present a lot of flexibility and choices as I build a rental portfolio.
I'm a novice, however, and trying to form a well-educated starting strategy. Could someone experienced help me feel this knowledge gap?
Thanks!