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Updated over 1 year ago on . Most recent reply

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18
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9
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Babi Shimon
9
Votes |
18
Posts

Students as a tenants

Babi Shimon
Posted

HEy everyone,

want to know if someone here have expiriance with rentals for students?

what should I know before I rent my property to students?

Do I have to calculate extra repairs or something?

thank you

Most Popular Reply

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801
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628
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Alexander Szikla
  • Real Estate Agent
  • New York City
628
Votes |
801
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Alexander Szikla
  • Real Estate Agent
  • New York City
Replied

There is absolutely a premium you can attain from renting to students driven by a few key items:

1. Roommate Matching Services

2. Bulk Utilities and WiFi

3. Amenities

4. Furnishings and Utensils

However, you should absolutely be prepared for higher turnover (students don't stay for years) and their lifestyle (being young and dumb as we all were) leads to more wear and tear. 

The KEY however is to ensure you have parents as guarantors! 

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