All Forum Posts by: Marty Gold

@Alexander Zurn

Thank you so much for your helpful reply. 

1.  The property is 2 blocks from campus. 

2.  I have not tried this method but will do this to find comparable pricing already on the market for this college.  In a somewhat related comment, I have pondered if it's smart to find a place which has maybe 4 bedrooms and try to add one or two more.   Or maybe find a place with 6-7 bedrooms and create more of a study room or lounge space.  Do either of these ideas sound more logical for a college environment?

3. I will search for this, thank you. 

4.  This is mostly a college town. 

I listened to BP podcast #195, is that the one you were thinking about or may it be another one?

Thank you again.  

I'm searching for my first rental real estate property and an agent sent me a few options near a college (about an hour from my house).  The enrollment of this college has been 9,000-10,000 annually over the years.   

I plan to view these properties this weekend.  And I wanted to do a bit of research on here before that time. 

Are there any negatives or positives to renting a property near a college (which historically only rents to college students)....different from positives and negatives of any rental property?

Are there any unique calculations or factors which I should take into account, different from what people use on a typical property?

And for those who may do this quite often, are there any favors which make one college better than another in terms of owning a rental property nearby?  I don't mind researching other colleges if this one isn't ideal by some data points. 

Thank you to all in advance for your help. 

 Thank you.  Are there any podcasts specifically that you can point me to?

Jim, that is great information.  Thank you for the idea, I will start searching for such groups.

As they offer possible property ideas, how will I know if it is a deal that should interest me.  Are there any general screening check lists or math formulas that can give me a general idea if I should spend time further investigating that property or move on to spend my time on another property? 

this was a help.  thanks

No way!!  not an investment. 

Is is true that real estate in a large city will likely appreciate faster/higher?

So you dont do any research and you dont run your own numbers Sergio?  you just trust a RE Agent will give you a great opportunity?    Or does the agent only give yo listings?  Couldn't that be don on zillow or something?   It would be great if I could find a smart trusted local agent as you describe, but that may take me some time to find.

I am interested in purchasing a rental property at/near the beach.   Though I am open to non beach options and open to commercial as well as residential.   Can anyone give me some homework and some formulas to start my research?  I don't have a specific property in mind, but how would I know if I came across one?  I am willing to put in the time and look through many properties, but again, what should I be looking for and how do I know what a reasonable and max purchase price should be?  Thank you to anyone who can help a newbie.