College rental house in Spokane, WA;

Member since 2020 · 5 posts · 2 votes

Investment Info:

Small multi-family (2-4 units) buy & hold investment in Spokane.

Purchase price: $250,000
Cash invested: $60,000

5 bed 3 bath
Renting to college students
1 yr leases July-June

8 views

2 Replies

Sort by

Phil Wells
Real Estate Agent · Spokane, WA & North Idaho · Member since 2017 · 135 posts · 170 votes
4y
What do the leases look like? Did you get parents to co-sign?
0 Reply
Nina Shoop
OP
Member since 2020 · 5 posts · 2 votes
4y
I have a four page lease with all the details of the rental agreement. No, I did not have the parents co-sign, but that is a good idea.
0 Reply

Join the conversationCreate a free account to reply, vote on answers and follow this thread.