For the past couple of years I have been watching the real estate market in my local college town to see what might be a good fit.
Most of my research has been done online and I was seeing some pretty decent deals just on the MLS. Now, obviously (or maybe not so obvious to newer investors) looking on the MLS is not necessarily a great way to find investment real estate.
This is especially true during normal economic times. Usually, a good real estate investment deal will get snapped up rather quickly if it is on the MLS.
However, we are not in normal economic times right now are we?
So, you can likely find some decent deals even on the MLS. This is due to the fact that lending is tight and that means fewer real estate investors in ALL markets.
So, if you are looking at possibly buying a rental property as an investment and have considered owning student housing as your investment vehicle, I encourage you to start looking at deals now.
2010 will be a year with many more bank closings and many more foreclosures. This will impact the pricing of student housing and you will likely be able to find a very good deal.
Don’t go put a contract on the first property you look at though, even if you think it is a good deal. You should really analyze the market and know what you are getting into.
If you have more than one college town nearby, look in both or all of the towns and see where you may get the best ROI (Return on Investment). It may be quite different from one town to the next.
I will be hosting a free webinar in about a week or two with an expert in the area of student housing. He has a portfolio of close to $3 million right now and is a full time investor in the student housing niche. Get pre-registered below and I will send you the webinar invitation as soon as the date is set.
The webinar won’t cost you a dime and could save you a ton of money before you go out and get hooked up in the wrong student housing real estate investment.
We will be covering the following:
- What the minimum amount of return on investment you should be looking for.
- What should you have in your lease agreement to protect you?
- How to attract the right tenants?
- How do you find the best locations to invest in?
- How to spot a bad deal?
- What repairs are common?
- How to deal with unruly college student tenants?
- Should you have a lease per house or per bed?
- Plus, I will try to work some of your questions in
It’s going to be jam packed and I hope you enjoy it and learn a ton.
Don’t forget to take notes, as I don’t know if we will get a good recording of the webinar. These things tend to be hit or miss. I have had several that the audio was so bad we had to scrap the recording.
So, get signed up right here and make sure you are there on the live call.
As soon as you enter your name and e-mail address, I will send you a confirmation e-mail.
Make sure you click the confirm link and whitelist the e-mail address that it comes from.
Otherwise, you might miss the webinar info.
Also, don’t forget to leave a comment below. I love to read comments from you guys and so do the other readers. It makes me want to share more with you and keep writing.
You can also use that bookmarking tool down below to mark the page and share it with your friends.
Don’t worry, they are NOT going to be your competitors. Very few people are even thinking about the student housing market right now to invest in.
Plus, there is a ton of opportunity out there.
So, have an abundance mindset and share this with as many people as you can.
You will be happy you did when they thank you later.
(why are you still reading this?… seriously… go sign up for the webinar)