Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
General Landlording & Rental Properties
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 4 years ago,

User Stats

63
Posts
22
Votes
David London
  • Rental Property Investor
  • Queen, NYC
22
Votes |
63
Posts

Students want a way out if classes go online due to Covid

David London
  • Rental Property Investor
  • Queen, NYC
Posted

Just finished renovating a SFH intended to be used as student housing. Found a group of 5 students interested in signing a lease quite quickly. Some of the parents are asking if the students would be allowed to back out of the lease if their college decides that the fall semester will be held online.

Some background:

- As of Today, the college is scheduled to open in August and hold classes in person until Thanksgiving. This obviously might change if Pennsylvania get a spike in Covid cases and is ordered to stay home again.

- House is 5 min. walk to college and if rented to students bring almost twice as regular rentals. 

- House is rented furnished and I am just about to order all the furniture...if rented to whoever unfurnished is preferred.

What would you do?

Loading replies...