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.
Quebec Real Estate Forum
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 almost 9 years ago,

User Stats

7
Posts
0
Votes
Pierre-Luc Allie
  • Drummondville, Québec
0
Votes |
7
Posts

Students rentals near CEGEP

Pierre-Luc Allie
  • Drummondville, Québec
Posted

So what are you tough on this niche? I'm in Drummondville, and the area around our CEGEP is mostly SFH. A lot of them have put rooms in the basement. It's technically illegal but the town never did anything about it.

My hesitation is mainly due to the summer months. For what I remember from my days, it's 15 weeks + 1 week of break + 2 exams weeks. So 36 weeks of school. You basically start with a 30% vacancy rate. I understand that I could use AirBnb, but it's in a big tourist town... I might get a temporary worker or 2.

The upside, if I get full occupation, during school, a 3 room basement could net 900$/month. There's no way I could make as much with a bachelor apartment.

Anyone thought about that?

Loading replies...