Eugene, OR - looking at rental for college student househack
I'm in CA and looking at potential of buying a rental in Eugene near UO as a househack for my daughter in college rather than pay the $6-800/mo apartment costs incl parking. Would love to hear from any Eugene property managers or others familiar with SFH rentals to students on the 'norms' for pricing per bedroom on SFH rentals to college students versus rental for entire home. We would have to find the roommates and could rent each bedroom. The numbers are very tight in Eugene so looking to connect with some folks that may have experience in Eugene, or could be another college town house-hack experience. Heading to Eugene this week as well.
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Honestly.... Any prime campus homes will not make sense to "househack". There may be some sub prime campus homes available for around 300K. There again bedrooms go from 400-600 a month for houses. With that being said your daughter will still be paying you rent for her share. The past few years things have skyrocketed here. I wont be the typical bigger pockets person and be naïve and overly optimistic. (No offense, Ok maybe a little) Too many Californians have been buying up anything that makes sense or tearing down old homes and building "luxury" townhomes. Its a tough market for rentals. You can find deals here but campus is definitely tougher. Please prove me wrong. Best of luck.