Student Housing

[Jeremy Mitchell]

So the podcast on student housing purchasing really interests me. I'm wondering if anyone has any advice on the market in Michigan for this type of investing. It would seem the Ypsilanti, Mt. Pleasant area would be good options for this.

[Grant Greene]

@Krista Walker, we work with a number of investors who have rental properties surrounding the UofA.  Despite the "wow" factor of the new apartments and all of the amenities they offer, rental housing (existing) is still much more attractive because it's more affordable.  If you're the landlady on these separate properties, you have a much larger pool of potential tenants from which to draw because there's a much higher number of students living ON a budget than on mom and dad's money.