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New BiggerPockets Article: 4 Vital Tips for Tapping Into the Lucrative Niche of Student Housing

11/19/2018

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My new article for BiggerPockets is up on how to create a student housing rental portfolio. First I note the advantages and disadvantages of student housing (which I go into more detail here). They are:
Advantages
  1. - Higher rents
  2. - Mostly guaranteed rents (because you will require the parents to co-sign for the students)
Disadvantages
  1. - Annual turnover (most students leave each year)
  2. - More damage to the units (and more parties the police might get called out to)
Next, I discuss the steps you need to take:
1. Pick a school and confirm it is NOT a commuter college.
2. Find the right “zone.”​
3. Seek out bedrooms, bedrooms, bathrooms and more bedrooms.
​
4. Learn how to manage student rentals.
The "zones" by the way, look something like this:
Picture
If you're interested in getting into student housing, please check out the article or the livestream my dad and I did on student housing a few months back.
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    Andrew Syrios

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