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Updated about 8 years ago on . Most recent reply

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Colten Schwake
  • Real Estate Agent
  • Minneapolis, MN
1
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Student housing rental

Colten Schwake
  • Real Estate Agent
  • Minneapolis, MN
Posted

I am closing on a deal this month. It is a little different than what I am used to, it is a single family home with 5 student renters. There is not a lot of information out here on student housing, I would like to hear from some experienced in this department. The current lease was just resigned for another 12 months, and states that tenants must sign new landlords documents with in reason. Suggestions? 

How have you gone about finding good student renters? Currently there are 5 professional level students there and seem to treat the place okay.

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James St Clair
  • Real Estate Broker
  • Eugene, OR
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James St Clair
  • Real Estate Broker
  • Eugene, OR
Replied

Hi Hervic,  I manage a few hundred houses around the University of Oregon.  As Tyler said craigslist should work great.  I might also recommend setting up four or five back to back showings in 15 minute increments.   This way you can keep track of each group and make sure that the current tenants' personal property is not at risk.  The other benefit is that when the groups see each other they tend to get competitive and put in applications.

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