Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. 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.
Real Estate Technology
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 about 2 years ago on . Most recent reply

User Stats

7
Posts
1
Votes
Sunir Manandhar
1
Votes |
7
Posts

I want to Provide Students in San Francisco a Place to Live

Sunir Manandhar
Posted

I found a Problem, lots of Students who are not from the city have,( Which I personally also Had), It is very very hard to find a place to live near campus under budget ( under 1k here in San Francisco), at least not a safe place. So I thought as I am thinking of starting a Startup anyway why not solve this problem? 

So as We can't be building student housing ( because of zoning and all those laws, I throw Building New House out of the window.

So How Can We Solve this Problem for Students, They Need a Place to Live!


With my limited knowledge and experiences, I was only able to think of One Thing"We can't make new Houses, so the only option left is to "make current housing affordable enough for a student ", So How do I do that?

Solution: Get more people to live in houses we already have built!  there are lots of big standard 2-3 bedroom apartments vacant for months in SF city, I want to rent those apartments for the long term( 2-3 Years) and rent out the rooms to students, making it much cheaper than renting an entire apartment. 

Basically Subletting.

I thought of this Idea from very less Knowledge and Experience in Renting and real estate laws, so I found a few legal obstacles like HOA ( can't have many people live in a small apartment, 2 people per bedroom, I need permission from the Landlord and not all want to agree)

It would be a great help for me to solve this Problem of Student Housing if I am able to get Feedback from all the experienced great people here at Bigger Pockets on this Problem/ Solution/ and the Legal Barriers also from the perspective of the landlord. 


Thank You very Much

Most Popular Reply

User Stats

11,759
Posts
13,662
Votes
Bruce Woodruff
#1 Contractors Contributor
  • Contractor/Investor/Consultant
  • West Valley Phoenix
13,662
Votes |
11,759
Posts
Bruce Woodruff
#1 Contractors Contributor
  • Contractor/Investor/Consultant
  • West Valley Phoenix
Replied
Quote from @Sunir Manandhar:

Well if you think like a property owner, more people crammed into a place means more wear and tear, more problems, issues between tenants, broken stuff, etc....

I would not be interested in this if you approached me as a landlord....

Loading replies...