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20 May 2024 | 13 replies
This is something to budget for when considering this type of rental.Management Intensity: Managing student rentals can be more hands-on, requiring stricter lease agreements, regular inspections, and sometimes dealing with noise complaints or other issues.Seasonal Vacancy Risk: There’s a risk of vacancies during summer months unless you find tenants who stay year-round or offer summer sublets.Zoning and Regulations: Some college towns have specific zoning laws or regulations regarding student housing, so it’s crucial to be aware of these and ensure your property complies.Tips for Success:Proximity to Campus: Properties close to the university are more desirable and can charge higher rents.Furnishing: Consider offering furnished rentals as students often do not have their own furniture.Strong Lease Agreement: Have a robust lease agreement that includes clauses for damages, noise, and other common issues.Hire a Property Manager: If managing the property becomes too time-consuming, a local property manager with experience in student rentals can be a great asset.Overall, student rentals can be a profitable investment with the right management and location.
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21 May 2024 | 11 replies
Patience and discipline are crucial when starting out.
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20 May 2024 | 1 reply
While both have similar features, many investors use RentRedi and Stessa for different purposes.
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22 May 2024 | 77 replies
It is designed to look great and work smoothly that way, even the route tracking feature works!
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22 May 2024 | 74 replies
Like most things in life there are positive and negative aspects on any feature.
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20 May 2024 | 7 replies
@Sean Osborne use the BP search feature to connect!
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19 May 2024 | 4 replies
Also, assembling your Core 4 Real Estate Team is crucial for navigating the process effectively.
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22 May 2024 | 90 replies
They then come to a determination if Cozy "wins" or "loses" on behalf of the landlord.Unfortunately, this is not a feature of Cozy's.
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20 May 2024 | 3 replies
Hi,I was wondering, what outstanding features investors seek in a cabinet dealer.