Comments on: How to Invest in Student Housing Property

on 6/30/2006 Make sure you always get the student's parents as guarantors. Student loans don't always cover the student lifestyle and you may find yourself without payments.

on 11/22/2005 If your unit is trashed and in need of major repairs, a student is probably not going to have the cash on hand to cover the damages. You can sue, but you can't get what isn't there. Rent to his or her credit-worthy parents instead. Students are more likely to behave in an apartment if they know they must also answer to their parents. The parents will also keep a closer eye on an apartment if they know their money is on the line. If your unit is wrecked, you have a better chance of getting your money back.

on 11/22/2005 If it's at all possible and your children are going to the same college, buy a property they can live in while going to school. You can rent to their roommates, and your kids can manage the property for you. This can be a win-win situation for everybody.