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All Forum Posts by: Boruch Michelson

Boruch Michelson has started 1 posts and replied 2 times.

Post: West Virginia Market Trends and Suitability for RE Investors

Boruch MichelsonPosted
  • New to Real Estate
  • New York
  • Posts 2
  • Votes 1
Quote from @Seth Timmerman:
Quote from @Edison Reis:

Dear RE friends,

I am a Canadian investor and currently investigating the real estate market in West Virginia area. 

Considering that I don’t have any RE friends in the area, I am seeking for information to decide if WV is a good area to invest in rental properties. (and potentially which which counties or towns would be considered the best ones) 

I would appreciate any feedback or suggestions 

Thanks in advance,

Merry Christmas 

Edison 

Hey. I'm located in Morgantown and have been here for just over a year. What parts of WV have you interested? There is some amazing opportunities for rentals based on the area. Property values are low but rents are not. We have a great property manager here in Morgantown as well that makes things easier for us. Would love to connect if you're interested.

I was just taking a look at this area. Towns with household-name universities always seem to have strong culture and good businesses. The South Park and Hope Crescent Areas looked nice, and near campus. Do students live ther? 

Post: Investing in Student Housing/Properties

Boruch MichelsonPosted
  • New to Real Estate
  • New York
  • Posts 2
  • Votes 1

Hi All!

I'm new to the community and am loving it so far. I'm learning all I can and saving up as much as possible in hopes of buying my first house hack! 

One thing I did while at college was help manage student properties, and I found it to be quite profitable. Students are willing to live in tight spaces, so the investors would divide new properties into small bedrooms.  Demand is consistent and reliable, especially near big and good schools in nice cities. Additionally, now in California, a lot of concessions are available for those building student housing. 

But here, people don't seem to be talking about the strategy too much! So let's start a discussion:

Any success/nightmare stories with student housing?

Any thoughts on renting in the student housing market?


Looking forward to this amazing journey!