#57: Ask Coach - Are College Rentals (aka Student Housing) a Good Investment
Real Estate Investing with Coach Carson
Chad Carson
4.9 • 613 Ratings
🗓️ 8 August 2019
⏱️ 11 minutes
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| 0:00.0 | Are college rentals, also known as student housing, a good investment? |
| 0:04.9 | That's the question we're going to tackle in today's episode of Ask Coach, and we're getting |
| 0:08.1 | started right now. |
| 0:16.8 | Welcome to the Ask Coach edition of the Real Estate and Financial Independence Podcast. |
| 0:21.4 | I'm your host, Chad Carson. |
| 0:23.2 | You can call me Coach Carson. |
| 0:24.7 | And this is a show all about real estate investing, financial independence, and doing more of what matters. |
| 0:31.0 | I received today's question from someone who is interested in investing in a college student rental market. |
| 0:36.7 | And they were asking me because they knew I happened to also invest in a college rental market. |
| 0:42.3 | So I live in Clemson, South Carolina. |
| 0:44.3 | That's where I also invest. |
| 0:45.3 | And over time, a large number of our rental properties have been in the category of student rentals. |
| 0:51.3 | So this is definitely something I have some experience with. And a short |
| 0:54.7 | answer to the main question, which was, is this a good investment? Is it a good idea to invest |
| 0:59.9 | in college student rentals? And the short answer is, yes, it can be. It can be a good investment. |
| 1:05.5 | And a few of the main benefits are that for the right college student rental market, it can be very stable. You have a stable |
| 1:12.6 | source of tenants. Every couple of years, your tenants graduate. They move out. And then another |
| 1:18.3 | set of students move in. And so if you have the right location, the right demand, which I'm going to |
| 1:22.6 | talk about here in a minute, then you can have a steady source of rentals. It's also nice because |
| 1:27.4 | one of the challenges we have as |
| 1:28.6 | landlords is that will our tenants pay on time? And at least my experience has been most student |
| 1:34.4 | rentals, the people who are paying you have sources of money either from family members, |
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