Ewing NJ TCNJ College Studen Rentals
Hi everyone. I have a rental house in Ewing, NJ, that would be good for TCNJ students. I wonder if some pros here would be kind enough to share their experience with this. I'm very detail oriented, so I want to be sure I have everything covered before i dive in.
1) I noticed that student leases in the area end the day before new leases begin. How do you prepare the property for the new lease without intruding on the current tenants? Is it expected that you'll be inspecting and repairing the property during the last month or so?
2) I keep hearing how "messy" students are. What kind of expenses do you see? I expect carpet cleaning and painting. Is it often more than that?
3) How do you screen tenants? Do you background check all of the parents?
4) What kind of special provisions do you include in the lease for students?
5) Do you make separate leases for each student or do you put them all on one lease?
6) Do you find that many students continue to live at the rental in summer when school is not in session? Do you allow sublets?
7) Is there anything else you would add about student rentals?
Thanks in advance.