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All Forum Posts by: Mary Fitzgerald

Mary Fitzgerald has started 2 posts and replied 4 times.

Post: College Student Rentals

Mary FitzgeraldPosted
  • Geneva, NY
  • Posts 5
  • Votes 0

Will and Doug, Thank you great information and advice.   Greatly appreciated!

Post: College Student Rentals

Mary FitzgeraldPosted
  • Geneva, NY
  • Posts 5
  • Votes 0

Hi Eric,

Yes, I think that the majority of the students here return home for the summer.   

I appreciate your input, Thank you!

Post: College Student Rentals

Mary FitzgeraldPosted
  • Geneva, NY
  • Posts 5
  • Votes 0

I recently purchased a duplex for College Student Rental.  I am really not sure what to do in terms of lease and security deposit.  The students usually arrive in town around the middle to end of August and leave around the middle to end of May.  However,  I really don't want to lose June, July and August rent every summer.  Has anyone ever done a student lease for 11 months?   This would give me one month to get the apartment ready for the next students arrival.  Also, do you require more than one months rent (security deposit) to cover damages, repair and cleaning??  Can anyone who rents to college kids give me any tips or advice on what has worked for them?

I am considering investing in a single family home or duplex in Philadelphia.  Can anyone recommend a Real Estate Agent in Philly?  Also, any input regarding Real Estate investing in Philadelphia would be appreciated.