Rental Property Investor · IL · Member since 2019 · 285 posts · 137 votes
BP,
I am looking at a deal in a college town with an enrollment of about 12,000 people & a population of about 25,000 people. What are peoples thoughts on investing in college/university towns? IMO, our education system is slightly broken. If you are not in school to become a doctor, lawyer, engineer, etc. then it seems unwise to assume a massive student loan? A lot of employers now do not require degrees to be potentially hired.
Another factor is that this particular college town, like many, is not near a major city (closest major city is 2 hrs). Any feedback would be appreciated!
Investor · Indianapolis, IN · Member since 2018 · 2k+ posts · 1k+ votes
4y
I dont think investing near universities is dead at all.......and i agree with you on our education.....
I would simply connect with the university and the housing department.....see if they have an opportunities for student houses with private landlords.......my local university is always running over with enrollment at the beginning of the year and they were paying $500/mo per room at one point to house students.......