Updated almost 4 years ago on . Most recent reply
Is there still room to invest in student rentals ?
Is student housing still a good market to invest in ? Or has it been taken over ?
Most Popular Reply
No market has been taken over. You have more competition in some areas than others. The easier the entry, the fuller the competition, but the harder the entry, the more experienced the competition. No matter where you focus, you'll have company.
I buy single family homes in one target zip code, drilling down into a select few neighborhoods by a development I believe is going to create extreme appreciation and elevate the type of tenant looking to occupy the walkable dwellings. Nine out of ten times, my offers are too low, and nine out of ten times I overpay when I do win, but I know what I want and I'm ready for the work it takes.
Know what you want and you'll find it's not so hard to get. Time consuming at times, stressful, frustrating, but doable. Best of luck!