Benefits of Owning a Student Rental Property

 

Opt to Buy A Student Rental For Your Child's Education

Buy Your Kid's Housing Situation as there's a lack of clean housing. Buy & Rent Out to your child's friends.

1. It will cover for your child's portion in rent.
2. Due to appreciation over the years, would also pay for your child's education.
3. You control who will stay in your child's house.
4. Thus allowing your child to focus more on their education.
5. Student tenants are high quality tenants. - Their parents guarantee payment
6. It is more cost effective to move from a dorm to a house.
7. Tenancy turnover is about 2-4 years til the student graduates, once they do, there is a new steady stream of new student tenants.
8. You get to charge market rents very quickly as your tenants change instead of below market value due to long staying tenants.
9. Students aren't very fussy & don't mind renting in rooms thus increasing home revenue when breaking up into multiple rooms.
10. Sometimes parents prepay rent for a year up front.