Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
General Real Estate Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 7 years ago on . Most recent reply

User Stats

50
Posts
27
Votes
Daniel C.
  • Rental Property Investor
  • NH
27
Votes |
50
Posts

Duplex in a college town?

Daniel C.
  • Rental Property Investor
  • NH
Posted
Very excited to make my first post. The community here is such a wealth of knowledge! I’m new to the investing side of real estate, but have been studying and analyzing my potential areas. Cheap houses in southern NH are hard to find, but one potential area I’m able to make numbers work is in a college town a bit north of me. 40% of the town rents, which is unusual as far as I can tell. The numbers also look promising in small multi family properties. With that, I guess my question is what considerations I should have potentially renting to college students? Is this not a big issue, or might I be getting into more situations I’ll need to navigate as a beginner? Is wear and tear really that much higher with students? Do lease lengths get difficult with the off semesters? Do students usually look to rent rooms or units as a group? Thanks for any advice! Dan Cayer

Most Popular Reply

User Stats

8,461
Posts
4,422
Votes
Colleen F.
  • Investor
  • Narragansett, RI
4,422
Votes |
8,461
Posts
Colleen F.
  • Investor
  • Narragansett, RI
Replied
More wear and tear with students. search student rentals in the forums,you will learn alot! If you have a duplex though the one point I would. make is you should consider is that undergrads and families can not mix well in a duplex. Grad students, serious students maybe but the time of comings and goings in the house can be a bad mix if you have a young family and students. Also there is a season when students are looking for rentals, if you miss it, it can result in longer vacancies.

Loading replies...