All Forum Posts by: Will Gaston

It all depends on what the Student Housing environment is around your school. Off campus housing is sought after because you have more space and it's not a dorm. To essentially re-create a dorm space would be a big turnoff, and it will not sell in the future to anyone that isn't trying to do Student Housing. I would find out what rents for a 5/2 would be vs the 2 2/1 units. If there's not a HUGE advantage to having the 2 separate units, then stick with the 5/2, renovate it so it's solid, rent it out and call it a day. With that being said, there's a lot more that goes into Student Housing if you haven't done it before. Look up past topics that I and @Will Gaston have commented on in the past for some good tidbits. Best of luck!

@Will Gaston on a side topic, how are Lugoff and Elgin areas for rental investment? I am considering few properties there as well.

How much is general rent possibility (Ball Bark estimate) in your opinion / experience for 3 Bed single family or townhome in - 

1. Lexington

2. Columbia

3. Lugoff / Elgin

4 Sumter

Thank you again,

Pradip