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Updated about 3 years ago,

User Stats

8
Posts
5
Votes
Joe Luebker
5
Votes |
8
Posts

My first investment, but no tenants

Joe Luebker
Posted

Hi everyone. I am in the process of just purchasing my first investment property. I am a college student (20 years old) and have just acquired a 2bed/1bath fully remodeled home on a college campus. My only issue is that it is in a student living housing area and the majority of students already have living arrangements until the next school year (August 2022). I don't know if I should try and find a tenant and have them sign a 6-month lease until August 2022, OR Airbnb the property but I would need to purchase furniture, beds, kitchen things, etc...

If you have any advice/experience as to if I should try to find a tenant for 6-months or Airbnb I would really appreciate it! I am new to investing in Real Estate, but excited about this first property and just want to ensure it isn't sitting vacant for 6 months until next school year.

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