Updated about 8 years ago on . Most recent reply
College Rental Questions
Hello! My husband and I recently purchased our first rental and I just got it rented out to a group of college students. We specifically purchased the property in hopes of renting to college students and I’m excited that I found tenants. I have a few questions specific to college properties and I was hoping someone else in this field could answer some questions for me. Thank you!
- Do the college students needs renters insurance?
- For those of you who do 12-month college rentals, how do you structure the lease? Do you leave a week gap in between renters for repairs, etc?
- For out-of-state parents who are co-signing, how does this work? Do you send them the lease agreement before the students sign it or after?
That’s all my questions for now. I would love to connect with another landlord who is doing college rentals.
Thanks!