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

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:

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.