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4 Vital Tips for Tapping Into the Lucrative Niche of Student...

Instead, the student typically continues to live at home while commuting to school just as one would commute to a job or other commitment.” The problem with such schools is that since the students aren’t making any special commitment to live near the college, there is no premium on student housing near the campus. Large universities with a lot of full-time students (such as the University of Oregon), on the other hand, are perfect for student housing. Many are full-time students, but many are not. The University of Oregon is, unfortunately, one of these universities. On the other hand, if you don’t see rental ads for properties near campus that highlight that it’s near campus, the school is probably a commuter college. As students start looking at your properties more, it’s easier to advertise properties that are further away. The great part about student rentals is that you get to rent the property out by the bedroom instead of as a whole. That means that a 1,500-square-foot, 3-bedroom student rental house may rent for $600 a bedroom ($1,800), while a 1,500-square-foot, 4-bedroom student rental may rent for $550 a bedroom ($2,200). If you can cut a large bedroom in two or take part of a large living room and make it a bedroom, I recommend doing it. First, as noted above, student housing (especially houses, but apartments as well) are rented by the bedroom.