Would you ever rent a group of college students?
Hi - I have a SFH that is curently on the market for rent... It is a very middle class neighborhood, and my asking rent is $3150, which is roughtly $400 below market...
Got several applicaitons after the first open house, mostly pretty weak that I will have to pass... One is from a 4 college students... Their financials is not a problem at all....
Would you ever rent to a group of college students? Thank you for your input
Most Popular Reply
I would not have a problem with renting to college students under the assumption that you know they are college students. They tend to do things that a home owner wouldn't approve of. But I would have no issue with renting to them. Another option you could look into would be to see if they could get their parents to co-sign? Or just require a deposit and last months rent up front.
Money is money and college kids will be college kids.
( I also have a tendency to look at their program of study, has helped me a lot when trying to determine who to rent to because highly specialized fields tend to spend more time studying than doing normal college kids stuff.
Hope this helps!