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Updated about 5 years ago on . Most recent reply

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Brad Hoyt
  • Investor
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Halifax, NS Student Rentals

Brad Hoyt
  • Investor
Posted

Wondering if anyone here has student rentals in Halifax?  When renting to students are you always able to get a group to rent the whole unit (ie. 5 friends take a 5 bedroom unit)?   If you have a smaller group of 3 that wants the unit do you rent 3 bedrooms to them and look for 2 additional students or do you make the group of 3 responsible for covering the rent of all 5 bedrooms?

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Will Gaston
  • Rental Property Investor
  • Columbia, SC
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Will Gaston
  • Rental Property Investor
  • Columbia, SC
Replied

@Brad Hoyt I am in the very small minority on this but I strongly dislike co-signers. Way more trouble than they're worth IMO. I've rented to hundreds of students and have been paid in full by all but 4 of them. This is mostly achieved by putting them all on one lease and putting the burden of responsibility on all.

This thread may help w/ some context: Nearing 1,000 College Student Tenants: Here's what I've Learned

  • Will Gaston
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