I think college can be valuable for certain professions, and not for others.

If you're a single mom with student loans, a car payment, and living paycheck-to-paycheck, then $20,000 would be devastating and a reserve is critical.

And also, renting to students has changed my life.

For example, I had a client who converted a student property in a college town to a traditional rental, but the key was that the asset wasn’t performing well.

Hi Everyone,I'm a Chef by profession looking to purchase my first real estate investment property in 2025. 

We ended up closing on September 15th, 2024All 4 student tenants that were put in the building around August 14th, 2024 by selling agent lived there for 5-7 weeks and didn't pay rent. 

Given I am in a college town and a lot of students find themselves between leases over the summer, during breaks etc.

It’s also possible to have a negative net worth, which means your liabilities are greater than your assets.Examples of assets that may be included in your net worth include:Business interests Cash and savings Investments Personal propertyReal estateRetirement savingsVehicles Examples of liabilities that may be included in your net worth include:Credit card debtMedical billsMortgagesPersonal loans Student loan debtVehicle paymentsNet worth is very easy to calculate: You add up all your assets and subtract your liabilities.The net worth formula is:Net worth = Total assets – total liabilitiesHow to Select a Net Worth TrackerYou can choose from several net worth trackers to help you monitor your financial position.

I personally am in a college town and my target audience tends to be single travelers, and or couple(s) traveling to visit campus or visit their student at school.. so for me in my market the 1 bedroom / studio units are the best ROI in terms of occupancy and revenue per sqft, I believe. 3) I’d open up a convo with a few local hosts and see what their experiences have been and chat with them about their journey.

Scammers come in all professions!